The British pound went sideways initially on Monday, but then dipped slightly to find support, only to bounce again. The Americans were celebrating Labor Day, so most of the action would’ve been during European trading hours. Ultimately,...
The EUR/USD pair gapped higher at the open on Monday, ever so slightly. However, we ran into a bit of trouble at the 1.1920 level, and pulled back. As I write this, the market is trying to...
The Australian dollar gap lower as the North Koreans tested a nuclear bomb, but then turned around to fill that gap before falling again. I think that the market has significant support near the 0.79 handle, just...
The USD/JPY pair went sideways during most of the session on Friday, but did dip below the 110 level during the Johnson announcement. Ultimately, this market looks as if it is attracted to the 110 level, so...
The US dollar initially went sideways against the Canadian dollar, testing the 1.25 level for resistance. We found plenty of resistance there, and as the jobs numbers disappointed in the United States, this market fell. The GDP...
The British pound initially fell during the day on Friday but found enough support at the 1.29 level to turn around and go higher. After the jobs number, we went reaching towards the 1.30 level above, which...
The EUR/USD pair had a volatile session as one would expect during the employment figures. Ultimately, we were rejected near the 1.20 level, as the market has seen a lot of selling since then. We are more...
The Australian dollar initially fell during the day on Friday, but turned around to show extreme amounts of bullish pressure. However, there is still a lot of resistance at the 0.80 level above. If we were to...
USD/JPY initially rallied on Thursday, but found enough resistance above at the 110.68 level to turn around. I think that part of this might be profit taking ahead of the jobs number, and that being the case...
The USD/CAD pair went sideways initially on Thursday and then ended up turning around and collapsing. This is mainly due to the Canadian GDP numbers coming out stronger than anticipated. The 1.25 level below looks to offer...
