The EUR/USD pair fell on Monday, as results of the French election came in. Initially, we gapped above the 1.10 level, but it became a “buy the rumor, sell the fact” type of trade. The market even...
The Australian dollar fell a bit during the session on Monday, as we initially gapped down, and then started falling. However, we bounced to test the area we gap down from, and then rolled over again. As...
The USD/JPY pair had a very volatile session during Friday’s trading, as it course was the jobs number. Ultimately, the market looks as if it wants to go higher, and that of course is a good sign...
The USD/CAD pair broke down significantly during the day on Friday after initially tried to rally. The 1.38 level offered far too much in the way of resistance, and that being the case it’s likely that this...
The British pound rallied during the day on Friday, and even broke above the 1.2950 level. It now looks as if we are going to try to reach the 1.30 handle above, as this was a significant...
The EUR/USD pair had a very volatile session during the Friday trading hours, as the jobs number in the United States surprised to the upside. In a sense, we already have this move happen during the Thursday...
The AUD/USD pair rallied after initially falling during the day on Friday. Ultimately, this essentially formed a bit of a hammer and that suggests to me that the market may bounce a bit from here. However, there...
The USD/JPY pair had a lot of volatility during the day on Thursday, as we tried to break above the 113 level but could not. By failing to breakout above there it shows that the market is...
The US dollar continues to grind sideways against the Canadian dollar as we have seen over the last couple of days. I believe that the market breaking down in WTI Crude suggests that the market will eventually...
The British pound rallied during the day on Thursday, as we prepared to go into the nonfarm payroll Friday. I believe that this market will continue to offer buying opportunities on pullbacks, as we have seen quite...
