Cable made a strong rally in yesterday’s London session, creating a retracement opportunity from its recent slide. Applying the Fib tool on the latest swing high and low shows that the 38.2% to 50% levels span an...
The USD/JPY pair did very little during the course of the day on Monday, simply grinding sideways. With that being the case, the market looks as if it is prepared to simply sit at the 101 level....
The USD/CAD pair fell rather significantly during the course of the session on Monday, but once the Americans came back they did attempt to push this market higher. With this being the case, the market breaking above...
The GBP/USD pair initially tried to rally but then turn right back around to form a negative candle. By doing so, looks as if we are going to continue to go lower, and reach towards the vital...
The EUR/USD pair initially fell during the course of the session on Monday, but then turned right back around to reach the 1.12 level above, an area that is resistive. If we can break above there, the...
The AUD/USD pair initially fell during the day on Monday but then turn right back around to form a bullish candle. By doing so, looks as if we are putting serious pressure on the resistance barrier above,...
AUDUSD has been trending higher, moving inside an ascending channel on its 4-hour chart. Price just bounced off the channel resistance around the .7750 minor psychological mark and could be due for a test of support near...
The USD/JPY pair fell during the course of the day on Friday, as we continue to see bearish pressure. However, I believe that the 100 level below is massively supportive not only due to the psychological significance...
The USD/CAD pair fell during the day on Friday, but did bounce a bit towards the end of the day. I believe that this market is still well supported below, and quite frankly oil markets aren’t going...
The GBP/USD pair initially tried to rally during the course of the day on Friday but turned right back around yet again. This market looks like it is ready to start drifting lower, but that’s the key...
