The EUR/USD pair rally during the day on Thursday, slamming into the 1.0950 level. That is the top of the recent consolidation area though, and with the job number coming out during the day as well, I...
The Australian dollar fell a bit during the day on Thursday, as we continue to see weakness in the commodity markets. Gold markets fell apart, and that of course is a very negative when it comes to...
The US dollar rallied against the Japanese yen during the session on Tuesday, breaking above the 112 level. However, we did droop a bit during the day and I think we are now trying to find some...
The USD/CAD pair broke out rather significantly during the day on Tuesday, clearing the 1.37 level. Oil markets continue to struggle, so having said that it makes sense that the Canadian dollar suffers. The US dollar breaking...
The British pound continues to show signs of life as we have had a volatile session on Tuesday, initially falling but then breaking higher and clearing the 1.29 handle again. It looks likely that the market will...
The EUR/USD pair had a relatively flat session on Tuesday, as we continue to hover around the 1.09 level. However, when you look at this chart you can see that the moving averages I have placed on...
The AUD/USD pair initially tried to rally during the Tuesday session but turned around at the 0.7550 level. We fell from there and then broke down somewhat significantly. The Australian dollar continues to be very volatile, but...
The USD/JPY pair has been somewhat sideways during the day on Monday, as we continue to try to build up enough momentum to drive higher and finally break above the psychologically important 112 level. The 112 level...
The US dollar continues to chop sideways against the Canadian dollar during the Monday session, but I think that the upward momentum is still there. After all, the crude oil markets look very soft and that will...
The British pound continues to march higher during the Monday session, and as you can see I have a trendline on the hourly chart showing that we have seen buying pressure again and again. I believe that...