The US dollar has gapped higher initially during Monday trading, but then turned around to break down significantly. By breaking down below the bottom of the gap, it forms a very negative outlook for the pair. We...
The US dollar pulled back slightly during the trading session on Monday but found enough support near the 1.26 level to turn around and rally. Remember, the Canadian dollar is highly sensitive to the oil markets, so...
The British pound has rallied significantly at the beginning of the Monday session, but ran into a significant trouble at the 1.4075 level. We pulled back from there, and it now looks as if the 1.40 level...
The EUR/USD pair has initially tried to rally during the day on Monday but rolled over at the 1.2350 region to reach towards the 1.23 handle. I think that the market is trying to build up enough...
The Australian dollar has fallen a bit during the beginning of the week, as Monday was a bit pro-US dollar. I think that the Australian dollar will continue to be noisy, but it also looks as if...
The US dollar has rallied a bit against the Japanese yen during the trading session on Tuesday, reaching towards the 107.50 level. That’s an area that was previous support in the past, but I think at the...
The US dollar has rallied significantly against the Canadian dollar on Tuesday, as we press the resistance level at the 1.2625 level. The market looks likely to find buyers underneath, as we have seen a massive search...
The British pound has been very noisy during the trading session on Tuesday, reaching as low as 1.3930, but then turning around to rally. As I look at the charts on the hourly timeframe, I can see...
The EUR has initially fallen during the session on Tuesday, reaching down to the 1.2325 handle, but found enough support at this area to show signs of life again. The 61.8% Fibonacci retracement level looks as if...
The Australian dollar has broken down a little bit during the trading session on Tuesday, but we are starting to find support as I record this. If we can break above the 0.79 level substantially, I think...
