The GBP/USD pair fell during the session on Friday, but found enough support near the 1.6650 handle to bounce slightly at the end of the day. With that, we feel that this market continues to grind sideways,...
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis. I have stated...
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle. We do see a significant amount of support all the way down to the 0.9 handle, so any type of supportive candle...
The USD/JPY pair shot higher during the session on Friday, but as you can see pulled back to give most of the gains away. The resulting candle is a little bit of the shooting star, but at...
The USD/CAD pair rose drastically during the session on Friday, as the nonfarm payroll numbers came out stronger than anticipated. However, we are still well below the 1.12 level, the area that we need to see broken...
The GBP/USD pair rallied at first during the session on Friday, but as you can see turned back around to form a shooting star. Although this is a very bearish candle, we believe that this pair is...
The EUR/USD pair broke above a downtrend line during the session on Friday, but turn things back around and formed a shooting star. Because of this, we feel that the markets probably going to pull back to...
The AUD/USD pair initially rallied during the session on Friday, but turned back around to form a negative candle. This negative candle of course signifies of the market my pull back and that would of course makes...
The EUR/USD pair had a strong showing on Thursday, slicing through the 1.38 level, and slamming into what is considered to be the downtrend line from the monthly downtrend channel. Because of this, we believe that the...
The AUD/USD pair rose during the session on Thursday, smashing through the barriers of resistance that we have seen for some time now. Because of this, the outlook on this market has changed drastically, as a move...
