The USD/CAD pair rose during the session on Tuesday, showing that the 1.03 level continues offer support in this market. We believe that eventually this market will breakout to the upside, and that the 1.04 level will...
The GBP/USD pair fell during the session on Tuesday, but as you can see bounced enough in order to form a hammer. You are clearly above the 1.5250 level now, and as a result it looks like...
The EUR/USD pair went back and forth during the session on Tuesday, but as you can see formed a relatively neutral candle. What’s interesting about this is the fact that it is after a significant breakout, in...
The AUD/USD pair fell significantly during the session on Tuesday, but as you can see the 0.9650 level has offered support again. This area has been very supportive recently, and it is important from a longer-term perspective...
The USD/JPY fell during the session on Monday, even managing to clear the 100 level which should have been massively supportive. Because of this, this will have a lot of people shaken out of this trade, and...
The USD/CAD pair fell significantly during the session on Monday, crashing through the 1.03 handle again. This area should offer quite a bit of support, and as you can see although the market fell below it, it...
The GBP/USD pair shot straight up during the session on Monday, as the ISM numbers out of United States came in below 50. However, you can see we have given quite a bit of the gains back,...
The EUR/USD pair initially fell during the session on Monday, but as you can see rocketed through the 1.30 level later in the day. That being the case, we have completely cleared resistance that we were worried...
The AUD/USD pair shot straight up during the session on Monday as the ISM numbers out of United States came in below 50, signaling that there could be some contraction in the economy.
USD/JPY kept selling off in the past few trading days as the Nikkei stock index posted sharp declines. This was enough to push USD/JPY back down from the 103.75 area to 99.50.