The GBP/USD pair fell significantly during the day on Thursday, as the Bank of England suggested that interest rates are going to behind anytime soon. Because of this, it looks as if the market is going to...
The EUR/USD pair rallied during the day on Thursday, as we continue to see strength in this market. However, we are getting a bit overextended and I think that the market may be susceptible the downward pressure....
The Australian dollar initially fell during the Thursday session but found a bit of support near the 0.79 level, a key support level on the longer-term charts. The market looks as if it is trying to build...
The USD/JPY pair initially rally during the day on Wednesday, reaching towards the 111 level. However, we offered enough resistance to turn around and fall significantly. As I look at this chart, there seems to be a...
The US dollar shut higher against the Canadian dollar initially during the session on Wednesday, but found enough resistance just below the 1.26 level to turn around and fall significantly. Part of this would’ve been done due...
The British pound rose during the day on Wednesday, as we continue to press against the 1.3250 level. Currently, looks as if the market is in a somewhat consolidate of tone, but with a slight upward bias....
The EUR/USD pair rallied during the day on Wednesday, reaching towards the 1.1850 level. However, we pulled back and found enough support underneath to continue higher. The market has been very strong, and I think it will...
The Australian dollar was very volatile, as the Wednesday session has been massively supported at the 0.7950 level underneath. The 0.80 level above is significant resistance though, so it will be difficult to see a breakout above...
The USD/JPY pair initially tried to rally during the day on Tuesday but found significant resistance at the 50 exponential moving average in the hourly timeframe. We rolled over to test the 110 level, which is massively...
The USD/CAD pair has been very volatile during the Tuesday session, as we rallied towards the 1.25 handle. That’s an area that of course attract a lot of attention, because of the large, round, psychological aspect of...