The EUR/USD pair rose during the Friday session after the very poor jobs number out United States. The nonfarm payroll number came in at roughly half of what the consensus was, and as a result we saw...
The AUD/USD pair fell during most of the session on Friday, but as you see bounced significantly off of the 1.0350 level, in order to form a hammer. This hammer is focused on the 1.04 level, which...
The USD/JPY pair shot through the roof on Thursday as the Bank of Japan announced massive stimulus measures. As you can see, we broke through the 95 handle like it wasn’t even there, and are closing roughly...
The USD/CAD pair fell during the session after initially trying to rally on Thursday. We managed to find the 1.01 level; an area that we suggested would be supportive previously. That area did in fact act as...
The GBP/USD pair initially fell to the 1.50 handle during the session on Thursday, but as you can see got a significant bounce after the bank of England announced that it was essentially doing nothing. However, the...
The EUR/USD pair initially fell during the session on Thursday, but after the ECB meeting we saw the Euro gain quite a bit after it is apparent that the ECB isn’t willing to step in and do...
The AUD/USD pair went back and forth during the session on Thursday, initially rising, only to turn around and triggered the sell orders that would’ve been at the bottom of the Wednesday shooting star.
On its 4-hour time frame, AUD/USD has formed a double top formation as it failed to break past the 1.0500 major psychological resistance over the past few weeks. The neckline of the pattern is at the 1.0400...
The USD/JPY pair had a negative showing during the session as we went back and forth on Wednesday, hugging the 93 handle. The hammer candle from the Tuesday session suggested that we have support in this general...
The USD/CAD pair initially fell during the session on Wednesday, but as you can see bounced enough to form a bit of a hammer. This hammer suggests that we are going to see continued support just below,...
