The US dollar fell initially during trading on Monday, reaching down towards the 112.40 level. There was enough support there to have things turn around though, and as a result it looks as if the buyers...
The US dollar went back and forth during the trading session on Monday, as the Canadian dollar continues to be somewhat range bound and the 1.2850 level later in the day. The explosive moved to the...
The British pound rallied significantly during the Monday session, breaking above the 1.3333 handle, and then extending to the 1.34 level later in the day. It looks likely that the market is going to continue to...
eurusd The EUR/USD pair rally during Monday trading, going straight up in the air initially. The Americans have pummeled the US dollar in this market, and therefore it looks likely that we will continue to see buyers...
The Australian dollar rallied during the trading session on Monday, reaching as high as 0.7675, where we start to see a significant amount of noise. Recently rallied though, and I suspect we are trying to continue...
GBPUSD continues to trend lower in its descending channel on the 1-hour time frame. Price just bounced off support recently and is finding a ceiling at the channel resistance around the 1.3400 handle once more. Stochastic is...
USDCAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this...
USDJPY remains in the downtrend from 113.75, the bounce from 112.03 could be treated as consolidation of the downtrend. Resistance is at 113.00, as long as this level holds, the downtrend could be expected to continue and...
No changed in our view, AUDUSD remains in the uptrend from 0.7501, the pullback from 0.7694 could be treated as consolidation of the uptrend. Range trading between 0.7580 and 0.7694 would likely be seen in a couple...
GBPUSD moved sideways in a trading range between 1.3301 and 1.3466. The sideways movement is likely consolidation of the downtrend from 1.3549. As long as 1.3466 resistance holds, the downtrend could be expected to resume, and a...
