The EUR/USD pair fell initially during the day on Thursday, as we reached down to the 1.11 level underneath. That is an area that has previously been resistive, and now it should be supportive. We also have...
The Australian dollar had a very volatile session on Thursday, as we initially shot higher, right along with gold. However, we sold off after that as the market then looked for support at the 0.74 handle again....
The USD/JPY pair broke down significantly during the Wednesday session, slicing below the 112 level, an area that I thought would be very supportive. The fact that we broke down below this is a bit disconcerting for...
The USD/CAD pair chopped around quite significantly during the day on Wednesday, as the oil inventory numbers in the United States were bullish as we continue to see demand. However, we also have a bit of a...
The GBP/USD pair rallied during the day after initially grinding sideways on Wednesday. The 1.30 level above continues to offer a significant amount of resistance, and certainly a psychological barrier for markets to deal with. If we...
The EUR/USD pair was relatively volatile during the day on Wednesday, as we initially shot higher, pulled back to the daily open, and then rallied from there. We are well above the 1.11 level, and that of...
The Australian dollar has had an interesting day on Wednesday, as we fell significantly, but then turned around to find support just below the 0.74 handle. This is a large, round, psychologically significant number, so it makes...
The US dollar had a negative session on Tuesday, but found enough support at the 113 level to keep me interested in going long. This is an area that previously offered resistance, so it should now offer...
The US dollars had a very choppy session during the day on Tuesday in general, and of course it won’t be any different against the Canadian dollar. Adding more fuel to the fire is the fact that...
The GBP/USD pair has been all over the place during the session on Tuesday, with the 1.29 level offering a bit of a fulcrum for price action. I believe that this market will continue to be a...
