The EUR/USD pair went sideways during the day initially on Tuesday, but broke down towards the 1.11 handle underneath. Having said that, it looks as if we are trying to bounce from here, and a short-term buying...
The Australian dollar tried to rally during the day, and then turned around to sell off rather drastically. Because of this, the 0.7575 level was tested, and I think that is a massive amount of support. A...
The USD/JPY pair went sideways initially during the day on Monday but then shot towards the 111.50 handle. By testing that area, we are trying to break through a significant resistance barrier. Once we break above their,...
The USD/CAD pair initially tried to rally on Monday, but found enough resistance near the 1.3250 level to turn around and form a move lower. However, we are starting to see the 1.32 level offer a bit...
The British pound initially trying to rally during the day on Monday but found enough resistance to the 1.28 level to turn around and fall. However, I think that the 1.27 level underneath is going to offer...
The EUR/USD pair went sideways most of the session on Monday, but once the Americans took control of the marketplace, we fell significantly, testing the 1.1150 level underneath. There is a certain amount of noise just below,...
The Australian dollar fell slightly during the day on Monday, reaching towards the 0.76 level, and finding buyers underneath. I think that the slight bounce that showed signs of weakness shows that the market is probably going...
The USD/JPY pair shot higher initially during the day on Friday, but found enough resistance near the 111.40 level to turn around and fall. We are essentially forming a neutral candle for the day, but I think...
The USD/CAD pair fell during most of the session on Friday as well got a little bit of a relief rally. However, we don’t see on this hourly chart is that we are approaching the uptrend line...
The British pound rose slightly during the day on Friday, grinding towards the 1.28 handle. The 1.28 level is obviously offering a bit of resistance, but it appears that the market is stubbornly trying to break above...
