The US dollar has drifted a bit lower against the Japanese yen during the trading session on Tuesday, reaching down towards the 113.25 region. However, this is a market that will have a significant lack of...
The US dollar has fallen against the Canadian dollar over the last several sessions, and we are now at lower levels than we had been in the past. However, I think that breaking below the 1.27...
The British pound should continue to find buyers underneath, and although the market has been very quiet, most of this can be written off due to the time of year, and of course I believe that...
The EUR/USD pair rallied significantly during the trading session on Tuesday after initially falling. Because of this, the market ended up basically being more noise than anything else, but when I look at the longer-term charts...
The Australian dollar drift a little bit lower initially during the trading session on Tuesday, but then bounced slightly to show signs of life again. This market should continue to be a bit quiet over the...
After touching 1.2916 resistance, USDCAD pulled back from 1.2920 and continued its sideways movement above 1.2623 key support. As long as 1.2623 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2061,...
USDJPY continued its sideways movement in a trading range between 110.84 and 114.73. The sideways movement is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the uptrend could be expected to resume,...
AUDUSD is now facing 0.7729 resistance. A breakout of this level will confirm that the downside movement from 0.8124 had completed at 0.7501 already, then further rally towards 0.7897 resistance could be seen. Support levels are at...
GBPUSD stays above a bullish support trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 7, 2016 low). As long as the trend line support holds, the price action...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.2092. The sideways move is likely consolidation of the uptrend from 1.0340 (Jan 3 low). As long as 1.1554 support holds, the uptrend could be...
