The British pound initially rallied on Thursday, reaching towards the 1.2850 level. We did not make it though, and we have rolled over cents. I believe that the sellers will continue to enter this market, and if...
The EUR/USD pair fell slightly during the day on Thursday, but found enough support near the 1.1785 level to turn around and form a bounce. Ultimately, today could be a very important session for this pair, because...
The Australian dollar initially fell during the session on Thursday, but bounced enough to test the 0.79 level again. I think there is a certain amount of negativity this market, as gold markets will continue to struggle...
The USD/JPY pair fell significantly on Wednesday, as it was a bit of a “risk off” type of situation. I still see a significant amount of support underneath that the 108.50 level, so I believe that it...
The USD/CAD pair rows initially during the day on Wednesday, testing the 1.26 handle. However, the crude oil inventory number came out, basically where we anticipated. Because of this, the market did not get much influence from...
The GBP/USD pair had a choppy session on Wednesday, initially tried to rally, but felt yet again. Ultimately, we have broken below the 1.28 level, which is a very bearish sign. I think that the 1.2850 level...
The EUR/USD pair initially was very quiet during the day on Wednesday, but then shot much higher as the overall attitude of the market remains bullish. The US dollar continues to be sold in general, so that’s...
The Australian dollar started out very soft during the day on Wednesday, breaking below the 0.79 handle. However, we turned around to show signs of life again, as the market continues to hover the 0.79 handle in...
The USD/JPY pair started falling almost immediately on Monday, reaching down towards the 108.50 level. If we bring to a fresh, new low, I think that this pair probably goes looking towards the 105 level over the...
The USD/CAD pair initially tried to reach above the 1.26 level during the day on Monday, but then pulled back about 50 pips to find support again. I think if we can break above the 1.26 level...