USD/JPY pair fell during the session on Friday, but as you can see is above the uptrend line that is in our opinion somewhat major, and above the 101 handle. With that, we feel that the market...
The USD/CAD pair rose slightly during the session on Friday, but quite frankly didn’t impress one way or the other. This market looks like it still stuck in consolidation, as we continue to hover around the 1.11...
The GBP/USD pair initially fell during the session on Friday, but as you can see bounced enough to form a hammer. With this, it appears that the market will continue to consolidate between here and the 1.68...
The EUR/USD pair rose during the session on Friday, but remains stuck to the 1.39 handle. This market looks as if it wants to continue to grind in this general vicinity, but right now we are at...
The AUD/USD pair went back and forth during the session on Friday, but as you can see we still sit just above the 0.90 level. In other words, this market really isn’t going anywhere fast. This is...
This week saw the release of more economic data out of China and the signs were not encouraging as all reports pointed to a slower Chinese economy than anticipated. This sparks global economic growth concerns and had...
The USD/JPY pair went back and forth during the session on Wednesday, essentially settling nothing. The area just below has been supportive in the past, so it would make sense that we would find buyers in this...
The USD/CAD pair tried to break out to the upside, but pulled back enough to form a shooting star during the day on Wednesday. While this is normally a negative sign, we feel this is more or...
The GBP/USD pair fell during the majority of the session on Wednesday, but as you can see bounced hard enough off the 1.66 level to form a nice-looking hammer. This hammer is at the bottom of the...
The EUR/USD pair broke out to the upside after printing a hammer the previous day for the Wednesday session. However, we still remain below the downtrend line, which of course is from the monthly timeframe. That obviously...
