The USD/JPY pair fell initially during the opening hours of the Monday session, but as you can see bounced back above the 95 handle. The 95 handle is especially interesting in this pair, as Prime Minister Abe...
The USD/CAD pair fell during the session after initially gapping higher on Monday, in reaction to the banking situation in Cyprus. However, we still maintain the thesis that this market needs to pull back to the 1.01...
The GBP/USD pair did very little during the session on Monday, as the rest of the currency world bounced around quite a bit. However, what’s interesting is the fact that this market could not gain traction, and...
The EUR/USD pair gapped lower at the open on Monday, but as you can see spent most of the day clawing back to recapture most of the losses. However, interestingly enough we sell the 1.30 level offer...
The AUD/USD pair broke higher during the session on Wednesday after first gapping lower. However, the 1.04 level is where we stopped, an area of significant resistance. Because of this, we are necessarily thinking that there is...
USD: Bearish Several weekend gaps were made after the short squeeze took place last week as most major currency pairs opened right where they were prior to the profit-taking on Thursday and Friday. This presents an opportunity...
EUR/USD made a huge gap down from the 1.3100 area to below 1.3000 over the weekend. The sudden rally that took place during the last two trading days of the previous week can be explained by a...
The USD/JPY pair fell during the session on Friday, but found the 95 handle as supportive. We are still widely bullish of this market, and as a result we want to see some type of supportive candle...
The USD/CAD pair broke down a little bit during the Friday session, plunging below the 1.02 level. However, we think this market will find quite a bit of support just below at the 1.01 handle, and in...
The GBP/USD pair rose during the session on Friday, but as you can see gave back quite a bit of the gains in order to form a shooting star. This shooting star signals that we may be...
