The EUR/USD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle. At this moment time, it appears that the market is simply going to go sideways, and therefore we...
The AUD/USD pair fell during the session on Thursday, but found support at the all-important 0.9250 level again. We believe that this market will continue to find support in this range, and down to the 0.92 handle....
The USD/JPY pair fell during the bulk of the session on Wednesday, but found enough support below the 102.50 level to push the market higher, and form a hammer. This hammer of course is very supportive looking,...
The USD/CAD pair tried to rally during the session on Wednesday, but as you can see fell a little bit flat. We are in a consolidation area, so it doesn’t surprise us that the market struggles a...
The GBP/USD pair fell during the session on Wednesday, breaking down below the 1.68 level during the day. However, the market still has plenty of support below, and as a result we feel that buying the British...
The EUR/USD pair tried to rally during the session on Wednesday, but failed to hang onto most of the gains. Because of this, we formed a massive shooting star, which suggests that we are going to fall...
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.9250 level. That area is significant enough for us to start buying on a supportive candle, and as a result we...
AUD/USD has sold off because of the weak Australian CPI reading but this might merely spark a large correction for the pair’s ongoing uptrend. On the 4-hour time frame, a rising trend line can be drawn to...
The Australian Dollar, nicknamed the Aussie, dropped over 100 pips against major currency pairs during the Asian trading session which took plenty forex traders by surprise. The reason behind the drop came from two economic reports which...
USD/CAD recently broke below a rising trend line on its 4-hour time frame, thanks to weak US non-farm payrolls data and a downbeat FOMC meeting minutes release. However, the pair is showing signs of exhaustion from the...
