The EUR/USD pair has been grinding higher during early Monday trading, breaking above the 1.09 level. While this is a large, round, psychologically significant level, the 1.0950 level above is the real resistance from what I see....
The Australian dollar rallied on Monday, breaking well above the 0.75 level during the day, and crashed into the 0.7540 level. This is an area that could feature some resistance based upon a cluster from April 25,...
The USD/JPY pair rallied on Friday, but found a bit of resistance at the 50-day exponential moving average. Nonetheless, it looks as if we are trying to build up enough momentum to break above the 112 handle,...
The USD/CAD pair initially rally during the day on Friday, but found enough resistance at the 1.37 level to turn around and form a resistive looking candle. I believe that a market dropping from here will probably...
The GBP/USD pair initially fell on Friday but turned around and continue to show bullish pressure. This market has clearly broken out, and I believe that we will continue to go much higher. The 1.3450 level above...
The EUR/USD pair rallied initially on Friday, breaking above the 1.09 handle. We continue the consolidation that we have seen all week, and it now looks as if we are starting to roll over slightly. If we...
The AUD/USD pair initially fell on Friday but found enough support at the 50% Fibonacci retracement level to bounce a bit. If we can break above the 0.95 handle, the market should continue to go higher. Ultimately,...
The USD/JPY pair broke higher during the day on Wednesday as we continue to see quite a bit of buying pressure. This was in reaction to stock markets going higher and we now are finding the market...
The USD/CAD pair initially tried to rally during the session but continues to find the 1.36 level to be far too resistive. Because of this, looks like we are to pull back a little bit as oil...
The British pound continues to grind sideways just above the 200-day exponential moving average and the previous resistance at the 1.2750 level. However, this candle looks a little bit more bullish than the others, and therefore...
