The British pound fell apart during the session on Tuesday, slicing through the 1.2950 level finally. It now looks as if the 1.2850 level will be support, and if we can break below there things could get...
The EUR/USD pair fell rather significantly during the session on Monday, and accelerated to the downside after the US retail sales figures candle stronger than anticipated. However, looks as if the 1.17 level is trying to hold,...
The Australian dollar initially tried to rally on Tuesday, but found enough resistance at the 0.7875 level to turn around and continue to fall. I believe the gold markets are going to continue to suffer, as the...
The US dollar fell against the Japanese yen after initially surging much higher during the day on Monday. We are testing an uptrend line that had been broken, so if we can break above the 110 handle,...
The US dollar rallied against the Canadian dollar initially during the day on Monday, but found the area above the 1.27 level to be a bit too resistive. We formed a shooting star for the week from...
The British pound continues to grind back and forth against the US dollar as the Monday session was no different than the last few before it. Currently, looks as if the market is content to simply go...
The EUR/USD pair fell during the session on Monday, testing the 1.1750 level underneath. That’s an area that was resistive in the past, and as I write this, we are starting to see buyers enter the market...
The Australian dollar initially tried to rally on Monday, but then roll over. However, we have a significant amount of support below at the 0.7850 level, which is an area that we see in a significant bounce...
The US dollar did bounce around during most of the day on Friday as the 109 level seems to be attracting a lot of attention. This has been a very volatile currency pair, mainly due to the...
The US dollar fell against the Canadian dollar on Friday, slicing through the 1.27 level again. The market is taking a bit of a break after several attempts to the upside, and I think that a pullback...
