The US dollar was initially flat against the Japanese yen on Monday, as the 112 level has offered significant support. Because of this, we rallied towards the 112.50 level above, which is significant, as the 112-level needed...
The USD/CAD pair rallied initially during the trading session on Monday, but then fell back towards the 1.2750 level underneath to find support again. He then bounced towards the 1.28 level, as we continue to see significant...
The British pound initially fell during Monday, but then sliced through the 1.3250 level early in trading. We pulled back a bit, testing that area for support. But now it looks as if we are ready to...
The EUR/USD pair has been very volatile during trading on Monday, initially falling, then bouncing, then falling again as we approached the 1.18 level. A lot of the volatility is due to a failure by German government...
The Australian dollar has been somewhat volatile during the trading session on Monday, remaining in a reasonably tight range. That’s not a huge surprise though, because we get the Monetary Policy Meeting Minutes coming out first thing...
The EUR/USD has tried to recover ground at the beginning of this Tuesday, but has found a barrier in the European opening in the 1.1750 area after having raised 20 pips from the intraday low of the...
USDCAD is facing 1.2819 resistance once again. A breakout of this level could take price towards 1.2916 previous high. Near term support is at the rising trend line on the 4-hour chart. Only a clear break below...
USDJPY failed in its attempt to break below 111.65 support and rebounded from 111.88. However, as long as the price is below the bearish trend line on the 4-hour chart, another fall to test 111.65 support is...
AUDUSD extended its downside movement from 0.7729 to as low as 0.7532. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still possible in the coming days. As long as this level holds, the sideways movement in a range...
