The USD/CAD pair fell hard during the session on Tuesday, slicing through the 1.10 handle. However, there is still plenty of support all the way to the 1.09 handle, so although the candle looks very bearish, we...
The GBP/USD pair tried to rally during the session on Tuesday, but as you can see giveback some of the gains. We’re still well within the consolidation area, so we really don’t see much in the way...
The EUR/USD pair tried to rally during the session on Tuesday, but found enough resistance above to turn things back around and fall. The market close towards the lows of the day, basically predicated upon buying the...
The AUD/USD pair fell during the bulk of the session on Tuesday, but found enough support below the 0.9250 level to form a hammer. This hammer is immediately preceded by a shooting star, so we feel that...
A double bottom pattern can clearly be seen on the daily chart of AUD/NZD, indicating that the recent downtrend is coming to an end. The neckline of the formation is around the 1.0900 to 1.0930 levels, although...
The USD/JPY pair rose during the bulk of the session on Monday, breaking above the 102.50 handle. We did give back a little bit towards the end of the day, but it does in fact look like...
The USD/CAD pair initially fell on Monday, but finds the 1.10 level to be supportive yet again. With that, we feel that the market should continue to meander around this area, and we feel that it is...
The GBP/USD pair broke out to the upside during the session on Monday, but as you can see pulled back enough to form a massive shooting star. Even though this is a very sign, we feel that...
The EUR/USD pair went back and forth during the session on Monday, touching as high as the 1.39 region, but also when as low as the 1.38 region. With that, as a result we feel that the...
The AUD/USD pair initially tried to rally during the session on Monday, but found far too much resistance around the 0.93 level to continue going higher. Because of this, we ended up forming a shooting star that...
