The USD/CAD pair had a very strong showing during the day on Wednesday, finally breaking out to a fresh, new high. Because of this, we are buyers of this pair although we recognize that the currency markets...
GBP/USD pair initially tried to rally during the day on Wednesday, but found the area above the 1.57 level to be a bit too rich. We fell, but we are still well above the 1.55 level, which...
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but then turned back around to test support below. With that being the case, we feel that it’s only a matter of...
The AUD/USD pair fell during the course of the session on Wednesday, as we crashed towards the 0.7650 level. We believe that there is a significant amount of support near the 0.76 level, and as a result...
GBPUSD is currently testing the rising trend line connecting the recent lows of price action on the 4-hour time frame. The pair is also drawing support at the 50% Fibonacci retracement level and the 100 SMA. Stochastic...
The USD/JPY pair went back and forth during the course of the session on Tuesday, ultimately settling nothing. That’s not a big surprise though, because the 122 level has been so supportive in the past. With that...
The USD/CAD pair initially fell during the course of the session on Tuesday, but found enough support to turn things much higher. We tested the 1.25 level above, as it is of course a large number, but...
The GBP/USD pair went back and forth during the course of the day on Tuesday, bouncing off the 1.57 level again. This is an area that looks like it is rather supportive, so at this point in...
Although the EUR/USD pair had a slightly negative session on Tuesday, the fact of the matter is that we bounced hard enough on Monday to suggest that there is quite a bit of buying pressure underneath. With...
The AUD/USD pair rose during the course of the session on Tuesday, as we continue to consolidate between the 0.76 level on the bottom, and the 0.78 level on the top. With that, we are not necessarily...
