The GBP/USD pair fell during the session on Wednesday, and in fact many stood Pierce the 1.5250 support level. We now have a situation where shorting this pair is possible, but only under the 1.52 level. Until...
The EUR/USD pair fell during the session on Wednesday, breaking to the 1.30 level. However, we do not close below, and as a result there is still back to hang your hat on if you are bullish...
The AUD/USD pair fell during the session on Wednesday, breaking down below the 1.03 level yet again. However, unlike the last couple of sessions, this pair actually stayed below it. This of course is a very bearish...
The USD/JPY pair had a fairly strong showing on Tuesday, especially when you consider how big of a selloff we saw in the marketplace on Monday. This bounce makes sense, as the Bank of Japan will continue...
The USD/CAD pair fell during the session after initially trying to break above the 1.0250 level on Tuesday. However, you can see that the pullback was significant enough to cause a shooting star that presently sits above...
The GBP/USD pair rose during the session on Tuesday in order to prove the 1.5250 level as support. This area continues to be an area that we watch as it was once previously massive resistance.
The EUR/USD pair broke above the 1.31 level during the session on Tuesday, showing strength as we closed towards very top of the candle. However, we did not get above the 1.32 level, an area that we’ve...
The AUD/USD pair rose during the session on Tuesday, slamming into the 1.04 level. This level has been the “middle line” of the larger consolidation area that we have been stuck in for ages now.
AUD/USD had a sharp selloff since Thursday last week as weak Chinese data and weak Australian data have been weighing the pair down. The recent release of the weaker than expected Chinese GDP, which came short at...
The USD/JPY pair fell hard during the session on Monday, as the Yen was bought up against most other currencies. However, as you can see we did get a little bit of a bounce towards the end...
