The GBP/USD pair fell during the session on Thursday, but found enough support at the 1.55 level in order to become somewhat supportive looking. This market looks like it wants to go higher, but it will be...
The EUR/USD pair fell significantly during the session on Thursday after the rate cut coming out of the European Central Bank. Looking at this, you can see that the shooting star on Wednesday signaled that we could...
The AUD/USD pair fell during the session on Thursday, but as you can see the 1.02 Regent continues to offer support. The bounce during the end of the session wasn’t exactly strong, but it was enough to...
Sterling and Euro rally on May Day Holiday – but for how long?
The USD/JPY pair fell during the session on Tuesday, breaking the bottom of a hammer from the Monday session. This is normally a very bearish sign, but quite frankly we don’t short this pair at all based...
The USD/CAD pair fell during the session on Tuesday, breaking below the 1.01 handle for the first time in several weeks. Because of this, we feel that this market will continue much lower, and that we could...
The GBP/USD pair rose during the session on Tuesday, breaking above the top of the shooting star from Monday as well. Having said that, we have clear the 1.5550 level during the session, but pulled back enough...
The EUR/USD pair rose during the session on Tuesday, showing underlying strength as we approach the 1.32 level. The market has been bouncing around in the general vicinity of 1.30 – 1.32 for some time now, and...
The AUD/USD pair rose during the session on Tuesday, but failed to crack above the 1.04 level, as we had anticipated. This area will continue to be resistance, as it is the “middle point” of a much...
GBP/USD is moving closer to testing the top of the rising channel on the 1-hour time frame, although the pair seems to be retracing at the moment. Weak U.S. data has been propping up this pair so...