The AUD/USD pair initially fell during the session on Tuesday, but as you can see bounced enough to form a hammer. The hammer sits just below the 0.93 handle, an area that should be somewhat resistant.
USD/CAD has been selling off aggressively but the pair could take a break from its recent dives, as it approaches the 1.0300 major psychological level. This is in line with a former resistance level and area of...
The USD/JPY pair fell during the session on Monday, clearly slicing through the 100 handle. However, this market does have plenty of support all the way down to the 98.50 handle, and as a result we are...
The USD/CAD pair fell during the session on Monday, but as you can see we remain above the 1.03 handle, the area that we have been calling the “floor” in this market. Because of this, we do...
The GBP/USD pair rose during the session on Monday, clearly vaulting over the 1.5250 handle. This is the level that we had previously stated needed to be overcome in order to feel bullish about this market, and...
The EUR/USD pair tried to rally during the Monday session, but failed to overcome the 1.32 level. This candle ended up being a shooting star, which of course signals that the bulls may be running out of...
The AUD/USD fell initially during the Monday session, but as you can see got a little bit of a boost later in the day. The resulting candle of course is a little bit of a hammer, but...
EUR/USD is still stuck in consolidation for now, with an ascending triangle pattern forming on its 1-hour time frame.
The USD/JPY pair went back and forth during the session on Friday, but bounced off of the 100 area in order to form a hammer. We have been very bullish of this market for the longest time...
The USD/CAD pair fell during the session on Friday, in order to stay within the grinding range that we have been in recently. We have to admit though, this is not a positive sign for this pair...
