The EUR/USD pair tried to rally on Friday but turned around to show more signs of lackluster performance. If we can break below the 1.06 level, the market will then more than likely reach towards the 1.05...
The AUD/USD pair rallied on Friday as we continue to see a bit of a bounce due to gold and of course geopolitical risks. Adding fuel to the fire was President Trump suggesting that the US dollar...
The USD/JPY pair did almost nothing during the day on Wednesday, as traders took a breather after the massive bearish candle that had formed on Tuesday. Because of this, it’s likely that the market will need to...
The USD/CAD pair fell during the session on Wednesday, crashing into the 1.3250 level. The market has been consolidating for some time, and the market looks as if it is trying to test that support area. If...
The GBP/USD pair initially rally during the day on Wednesday, but ran into a little bit of trouble at the psychologically important 1.25 handle. That’s not a huge surprise, it is an area where you would expect...
The EUR/USD pair had a slightly positive session on what would have been a basically quiet session during the Wednesday trading session. I believe that the market still has a lot of negative pressure on it though,...
The Australian dollar fell during the day on Wednesday, as the 0.75 level continues to offer resistance. It now looks as if we are going to try to reach towards the 50% Fibonacci retracement level below, at...
The USD/JPY pair had a very negative session on Tuesday, breaking below the 110 level. It now looks as if we’re going to grind our way down to the 61.8% Fibonacci retracement level, which is 108. It...
The USD/CAD pair went back and forth during the day on Tuesday, testing the 1.33 region. The oil markets were extraordinarily volatile, and that was the main culprit of the currency pair being so choppy. The 1.33...
The GBP/USD pair rally during the session on Tuesday, testing the 1.25 handle. There is a lot of noise in this area and we have been going back and forth during the last several weeks between the...
