The USD/CAD pair did very little during the day on Tuesday as we continue to hug the previous uptrend line. Oil looks a little bit soft, so we could see the market turned things back around and...
GBP/USD The British pound initially tried to rally during the day on Tuesday, but found the 50% Fibonacci retracement level at the 1.27 level be far too resistive to continue going higher. By doing so, we rolled...
The EUR/USD pair went back and forth during the day on Tuesday, showing signs of support. However, I feel that the market has much more resistance of the 1.0750 level. Above there, I think there is resistance...
The Australian dollar initially tried to break above the 0.75 level during the day on Tuesday, but pulled right back down to form a candle that almost serves as a shooting star. On a break below the...
AUDUSD is slowly trending higher, moving inside a rising wedge pattern visible on its 1-hour and 4-hour charts. Price is testing the resistance and could be due for a move back to support at the .7475 level....
The USD/JPY pair initially rallied on Monday, but turned around to form a shooting star. The shooting star suggests that we are in a pullback, but I think there is plenty of support below to keep me...
The USD/CAD pair gapped slightly lower at the open on Monday, hanging about the previous uptrend line. Because of the Canadian dollar did not rally as drastically as the oil markets did, I am a bit suspicious...
The GBP/USD pair rallied on Monday, as the US dollar softened a bit overall. The 1.27 level above could be resistive yet again, but I think the real massive “ceiling” in this market is closer to the...
The EUR/USD pair rallied on Monday, as we continue to find the 1.05 level supportive. However, I think it’s only a matter time before the exhaustion comes back into play, and we can start selling yet again....
The AUD/USD pair rallied on Monday, testing the 0.75 level above as resistance. This is a market that looks likely to test this area, and if we can break above there and close above and on a...
