The AUD/USD pair fell after initially trying to rally during the session on Wednesday. Once word got out that the Federal Reserve was looking at cutting back on quantitative easing by the end of the year, the...
Markets are in a stand-by position on Wednesday as investors are waiting the highly anticipated Fed’s meeting with its main highlight- a possible decision on the future of the U.S. asset-purchase programme.
The USD/JPY pair rallied during the session on Tuesday, breaking above the 95 handle. In fact, we managed to close above that level in order to show significant support in this general vicinity. With today being the...
The USD/CAD pair rose during the session on Tuesday as the US dollar continues to be bid up in general. The market is one that needs to rise back above the 1.02 level for the buyers to...
The GBP/USD pair fell during the session on Tuesday, as the market slices below the 1.56 handle during the day. Going forward, we feel that this market is simply pulling back, and that we will eventually certainly...
The EUR/USD pair initially fell during the session on Tuesday, but found enough support yet again for the fifth day in a row in order to show strength yet again. The resulting candle formed a hammer, and...
The AUD/USD pair fell during the session on Tuesday, after printing a shooting star on Monday. This looks like it’s rather weak, but there is a hammer from last week that suggests that there is a bit...
The USD/JPY pair fell drastically during the session on Friday as the market close below the 95 handle. However, we did not break the bottom of the hammer, and presently sit on top of the 38.2 Fibonacci...
The USD/CAD pair went back and forth on Friday, essentially closing the day unchanged. The resulting candle was a neutral candle, perhaps leaning a little bit more towards a hammer, but in reality we do not like...
The GBP/USD pair fell during the session on Friday, but had enough buyers come in late during the session in order to push the market much higher. In the end, the market formed a beautiful hammer, which...
