The 107.50 level underneath is the bottom of a larger consolidation area that the pair has been in for some time, and the fact that we slammed into it during trading on Tuesday suggests that we are...
The US dollar has gone sideways against the Canadian dollar during Tuesday trading, dancing around the 1.26 level. Obviously, oil markets will have their influence on the Canadian dollar, so you should pay attention to what’s going...
The British pound has rallied initially during the trading session on Tuesday, but then found resistance above. As I record this, it appears that the 50 EMA on the hourly chart is trying to offer support, so...
The EUR/USD pair broke higher during trading on Tuesday, breaking above the 1.23 handle. There’s a lot of noise in this area, but I think that the 1.23 level should offer support as it was resistance previously....
The Australian dollar has gone sideways initially during the trading session on Tuesday, but as you can see we started to sell off as the Americans came on board. However, there is a small uptrend line that...
The US dollar has drifted slightly lower against the Japanese yen during the trading session on Monday, as we continue to see a bit of concerned from traders around the world. I think that this pair is...
The US dollar has rallied initially during the trading session on Monday against the Canadian dollar, as the oil markets continue to sell off. The oversupply of crude oil is going to become an issue, and I...
The British pound has rallied initially during trading on Monday, but as you can see has struggled after that. Ultimately though, I do think that there are buyers underneath, but we may need to pull back to...
The EUR/USD pair has pulled back slightly during the trading session on Monday, showing signs of grinding sideways overall. When you look at the last couple of days, we have been dancing around the 1.2250 level, which...
The Australian dollar has rallied a bit during the trading session on Monday, as it looks like value hunters are starting to return. Beyond that, Gold markets look a little bit bullion, so that should continue to...
