The GBP/USD pair fell significantly during the day on Thursday, slicing through the 1.30 level. This is a very negative sign, and we have even tested the 1.30 level for resistive action and have found it on...
The EUR/USD pair shot through the roof during the day on Thursday, as news came out that investigators are expanding their search into Donald Trump’s global companies for collusion with Russia. Quite frankly, this announcement really wasn’t...
The Australian dollar initially fell during the day on Thursday, but turned around to reach towards the 0.7975 level. By doing so, we end up forming a very bullish looking candle, as it appears that we are...
The USD/CAD pair fell slightly during the day on Tuesday to continue the overall downward trend. We did bounce later in the day, but I think that there is going to be a certain amount of resistance...
The British pound initially tried to rally on Tuesday but found a ton of resistance near the 1.3125 level. This was exacerbated by the less than stellar CPI numbers coming out of the United Kingdom. Because of...
The EUR/USD pair rallied during the day on Tuesday, breaking above the 1.15 handle. We broke above there, pulled back to find support, and then continue to go even higher. This is a major break out as...
The Australian dollar rallied during the day on Tuesday, slicing through the 0.79 handle. The market broke out to the upside, and it now looks as if we are ready to continue going higher. After all, we...
The US dollar rallied during the day on Monday, after initially falling. However, I think that the 113 level above is going to offer a bit of resistance, just as the 112-level underneath is going to offer...
The US dollar tried to rally a bit at the open on Monday, but rolled over again. I believe this market will continue to sell the rallies, as the Canadian interest rate differential with the United States...
The British pound fell a bit on Monday as traders came back to work. The market looks as if it is trying to come back to the break out level to find out more buyers. I believe...
