The EUR/USD has consolidated in a triangle formation after a primary advance which began almost exactly one year ago.  A downside breakout of the pattern is likely to spur selling of the EUR into......

From a low of 0.9444 at the end of April, the USD has had a good run this past month, hitting a high (twice) at 0.9816 this past week.  The pair closed out last  week at 0.9758.  The ......

Yesterday the dollar index was pushing at it's downtrend resistance level; it has pulled back today in early trading.  The trendline currently crosses at very close to 77, the index currently ......

It has been a while since I posted on chart patterns.  So here are a couple chart patterns in the forex market which can be watched and may provide good trading opportunities.  I have ......

EUR/USDThe Euro has a rough day on Friday, falling about 150 pips.  In the last update on this pair 1.3900 was still the target following the major breach of the upward sloping trendline.  ......

The EUR/USD has already seen a significant decline in recent weeks, from an intra-day high on May 4 of 1.4940 to a low of 1.4172 on May 11; the question that many traders are asking is "Can it go ......

Last week was not something we have seen early March - and that is 4 sessions higher for the USD vs. CAD in a row.  It was a welcomed move for Canadian exporters, and is likely to be met with ......

Trend remains down for the USD against the CAD...and continues to lose ground against the EUR, GBP, JPY, AUD and NZD as well.  The CAD, AUD and NZD, all commodity related currencies, are ......

The USD/CAD moved more than a cent and a half off the high monday (0.9720) to currently trading below 0.9550 on Tuesday.  So far today the pair has been supported above 0.9540.  A break ......

Fairly tame week for the EUR/USD, USD/JPY and EUR/JPY.The EUR/USD is in a consolidation pattern after hit the target area.  The high of the pattern is 1.4160 and the low 1.3700. ......