The EUR/USD pair rallied during the day on Tuesday, breaking above the psychologically important 1.10 level. We even reached as high as the 1.11 level during the day, but it seems as if the market is going...
The AUD/USD pair showed a lot of volatility during the day on Tuesday, as we bounced off the 0.74 level after a pullback. That level should offer quite a bit of support, and the market should then...
The US dollar has been very choppy during the Monday session, as we continue to consolidate around the 113.50 region. This is an area that has attracted a lot of attention as of late, and I think...
The US dollar fell significantly at the open on Monday, as the Russian and Saudi officials suggested that an extension of the OPEC production cuts was needed. That of course is a very bullish sign for the...
The British pound rose initially during the day on Monday, but found the area near 1.2940 to be a bit too resistive, and then fell back to the 1.29 handle. As I write this, we are currently...
The EUR/USD pair had an explosive moved at the open on Monday, reaching towards the 1.0990 level. However, the 1.10 level above continues to offer significant resistance, and the fact that we a forming a shooting star...
The Australian dollar has rallied during the session on Monday, breaking above the 0.74 level. We found a bit of resistance at the 0.7450 level, and then dropped. However, I think that the 0.7425 level offering resistance...
The USD/JPY pair fell during the day on Friday, breaking below the 113.50 level. This is a psychologically significant level, and of course the “fair value” of the consolidation area previously marked on the chart by a...
The USD/CAD pair went back and forth on Friday as we continue to grind just above the 1.37 handle. This is a market that should face what’s going on in the oil markets, which look to be...
The GBP/USD pair fell slightly during the session on Friday, but found support near the 1.2850 level. We formed a bit of a hammer, but quite frankly I feel that there is a significant amount of support...
