The US dollar has rallied significantly against the Japanese yen during the trading session on Tuesday, reaching as high as 107.25 before I recorded this. We are pulling back slightly, but I think that there are buyers...
The US dollar initially tried to rally against the Canadian dollar but found enough resistance at the 1.2875 level to roll over. It now looks as if we are going to go towards the 1.28 level underneath,...
The British pound has rallied significantly during the trading session on Tuesday, as we have broken above a downtrend line that the market has been paying attention to for some time. I think that the 1.40 level...
The EUR/USD pair exploded to the upside during the trading session on Tuesday, as we have broken towards the 1.2380 level. Ultimately, the market looks likely to go looking towards the 1.24 handle, and then the most...
The Australian dollar has been very noisy during trading on Tuesday, as CPI numbers coming out of the United States suggested that inflation was on track. This of course helps gold, but more importantly it helps the...
GBPAUD is moving sideways recently, finding support at the 1.7600 major psychological level and resistance at 1.7900. Price is halfway through its bounce to the top of the range, hitting some short-term resistance at the current area...
USDCAD failed to break below the bottom support trend line of the price channel on its 4-hour chart and rebounded strongly from 1.2803. The pair is now facing 1.3000 resistance, a breakout of this level could signal...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the short term uptrend from 105.24. As long as the price is in the channel, the upside move could be expected to continue...
AUDUSD stays above a bullish trend line on its 4-hour and remains in the uptrend from 0.7712. As long as the trend line support holds, the uptrend could be expected to continue and next target would be...
GBPUSD broke above 1.3929 resistance, suggesting that the uptrend from 1.3711 has resumed. Support is now located at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the upside movement...
