The GBP/USD pair rallied significantly during the day on Friday, reaching towards the 1.32 handle. The market looks likely to run into a bit of trouble near the 1.3250 level, so I think that it’s only a...
The EUR/USD pair tried to rally during the day on Friday, but gave back the gains to form a less than impressive close to the day. I believe that the market will find a bit of support...
The AUD/USD pair had a volatile session during the session on Friday, reaching as high as 0.81, and then fell significantly. I believe that the 0.0 level underneath continues to be massively supportive, as it was massive...
The US dollar fell against the Japanese yen during the session on Thursday, testing the 108.50 handle. This is an interesting level for me, as it is the bottom of longer-term consolidation. If we close below this...
The US dollar fell slightly during the day against the Canadian dollar on Thursday as we continue to see the fallout from the surprise interest rate hike in Ottawa. Longer-term, I believe that the market is going...
The British pound went sideways during the day on Wednesday, and then shot to the upside. The 1.31 level above has offered resistance, but it looks like we are ready to break out to the upside. Being...
The EUR/USD pair went sideways initially on Thursday, and then broke above the 1.20 level, after Mario Draghi had his press conference. Ultimately, I think it’s only a matter of time before we go higher, but short-term...
The Australian dollar initially fell on Thursday but turned around to break above the 0.80 level again. This is a very significant break out, as we have made a “higher high” in a market that’s trying to...
The US dollar went sideways initially on Wednesday, and then rallied towards the 109 level. However, we are starting to see a selloff during US trading, and it now looks like we are testing the bottom of...
The US dollar collapsed against the Canadian dollar during the session on Wednesday as the Bank of Canada raised interest rates, surprising most market participants. We felt towards the 1.2150 level underneath, and I believe now we...
