The EUR/USD pair initially fell during the session on Monday, but bounced enough to turn things around and go looking towards the 1.15 handle. That level is a massive barrier, and if we can break above that...
The Australian dollar had a relatively choppy session on Monday, as we continue to hover near the 0.70 level. The break out on Friday was significant, so I think we are trying to build up enough momentum...
The US dollar fell significantly against the Japanese yen during the session on Friday as less than stellar economic announcements came out of the United States. By slicing through the 113 level, now looks as if we’re...
The US dollar went sideways initially during the session on Friday, but then collapsed after fairly weak inflationary numbers came out of the United States. This only exacerbates the differential between bonds in the US and Canada,...
The British pound went sideways initially during the day on Friday, but then sliced through the 1.30 level, and then eventually the 1.3050 level, an area that I have been calling major resistance recently. I believe that...
The EUR/USD pair ground a little bit higher during the session on Friday, but then eventually broke out with more momentum, slicing through the 1.1450 level. The market now looks as if it’s turning this attention to...
The Australian dollar went higher in slow-motion during the day initially, but then exploded to the upside as the inflationary numbers of the United States were weaker than anticipated. Because of this, the Australian dollar broke above...
The USD/JPY pair fell apart during the trading session on Wednesday as Janet Yellen testified in front of Congress. Essentially, she suggested that although the market can expect interest rates hikes, the reality is that it will...
The US dollar plummeted against the Canadian dollar after the Bank of Canada raised interest rates for the first time in 7 years. This and the market slicing through the 1.28 level underneath, and it looks as...
The GBP/USD pair had a volatile session on Wednesday, as Janet Yellen testified in front of Congress. This of course has a lot of effect on the US dollar, which in turn has an effect on this...
