The GBP/USD pair fell after initially trying to rally on Monday. It looks as if we are bit overextended, and we have filled the gap on longer-term charts. I think a pullback is necessary, and quite frankly...
The EUR/USD pair gapped lower at the open on Monday, but then turned around to rally a bit. We are currently consolidating around the 1.1950 level, and that this market should continue to be difficult to trade...
The Australian dollar initially tried to rally during the day on Monday, but gold markets have rolled over enough to put serious pressure on the Aussie. However, I do see support just below so I think that...
The US dollar rallied significantly during the session on Friday, after initially falling rather hard. The shakeup had to do with the North Koreans launching a missile over Japan, but quite frankly, the market has seen this...
The US dollar had a choppy session against the Canadian dollar, as we continue to grind higher. However, there is an uptrend line that had recently been broken on the weekly chart’s above, and that should offer...
The British pound skyrocketed against the US dollar again on Friday, as fallout from the British central bank suggesting that interest rate hikes are coming sooner rather than later continues. However, we are testing a major resistance...
The EUR/USD pair rallied significantly during the session on Friday, as we are looking to break above the 1.20 level again. If we can, this market should continue to go much higher. I still have a longer-term...
The Australian dollar tried to rally during the day on Friday, but found a bit of resistance near the 0.030 level. By pulling back, we have settled near the 0.0 level again, an area that has been...
The US dollar did very little against the Japanese yen during the session on Thursday, as the 110.50 region is very noisy. Even more importantly, the 111 level above is resistance, and we need to break above...
The US dollar rose slightly against the Canadian dollar during the session on Wednesday, as we continue the upward channel. However, we have recently seen a massive move in favor the Canadian dollar so I think that...
