The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless. Because of this, we feel that this...
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher. Ultimately, this formed a hammer that should send this...
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level. This could be indicative of more losses for the pair, but...
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support. The uptrend line that is from the weekly timeframe on this chart suggests and that sooner or...
The USD/CAD pair fell during the session on Friday, but bounced hard enough to close above the 1.12 level. Now that we’ve done that, we feel that the market is eventually heading to the 1.15 level, although...
The GBP/USD pair fell slightly during the session on Friday, but hovers around the 1.65 level which of course is the beginning of significant support. Because of this, we are not ready to sell, and have to...
The EUR/USD pair rose slightly during the session on Friday, but essentially sat still. We are right at the 1.38 handle, an area that has been supportive in the past. However, we do not have a set...
The AUD/USD pair rose during the session on Friday, breaking the top of the hammer that we had formed on Thursday which of course is a good bullish sign. However, we see a significant amount of resistance...
The short-term selloff on GBP/JPY may soon be over, as a classic reversal chart pattern has formed on GBP/JPY’s 1-hour time frame. A double bottom can be seen after the pair tested the support around 167.75 a...
The USD/JPY pair did very little during the session on Thursday, hovering just below the 102.50 handle. The market looks as if it is trying to break out, but we are just below a significant amount of...
