The GBP/USD pair went sideways initially on Wednesday, but the Americans started buying the British pound in mass. Now that we are cleanly above the 1.3050 level, if we can stay above there for a daily close,...
The EUR/USD pair went sideways initially on Wednesday, but then rallied once the Americans came back to work. I believe that the market is trying to build up enough momentum to finally break above the 1.20 level,...
The Australian dollar fell during most of the session on Wednesday, but turned around to rally during the US trading. We are testing the 0.80 level as I write this, and I recognize that there is a...
The US dollar fell significantly against the Japanese yen during the session on Tuesday, showing weakness in the greenback yet again. It looks as if we may start reaching towards the 108.50 level, which is an area...
The USD/CAD pair drifted a bit lower during the day on Tuesday, as we are trying to make a fresh, new low. Ultimately, I think that it’s only a matter of time before sellers come back into...
The GBP/USD pair initially went sideways during the trading session on Tuesday, but shot higher as we broke above the 1.30 level. The resistance that starts at that level extends to the 1.3050 level, so I think...
The EUR/USD pair went sideways initially during the session on Tuesday, but as Americans came back to work, they started buying the EUR. We are now reaching towards the 1.20 level above again, which of course is...
The Australian dollar went sideways during the session on Tuesday originally, but then broke above the vital 0.80 level. If we break above this level and stay above it for a daily close, I think this is...
The USD/JPY pair gapped lower as word got out that the North Koreans tested a nuclear bomb. We rallied a bit, but have fallen since then. It looks like the market is hovering around the 109.50 level...
The USD/CAD pair rallied on Monday, as there was a bit of a “risk off” trade after the North Koreans tested a nuclear bomb. However, the market has recently seen a significant amount of bearish pressure, and...
