The USD/JPY pair initially try to rally during the session on Wednesday, but at the end of the day pulled back enough to form a shooting star. The 102.50 level is an area that has caused resistance...
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.10 level still. That being the case, it appears that the market still offers buying opportunities on supportive candles all the way down to...
The GBP/USD pair rose during the session on Wednesday, bouncing off of the 1.66 level in order to continue the basing pattern that we’ve seen recently. We believe that this market will eventually go to the 1.70...
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer. This hammer suggests that the market is going to stay noisy after forming a shooting star on...
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again. This is an area that should year to be very resistive, so some type of resistant candle...
Today’s ADP report out of the US delivered a drastic blow to bullish expectations for a positive non-farm payroll report on Friday which will cover the month of February. December as well as January showed a US...
The USD/JPY pair rose significantly during the session on Tuesday, as the bottom of the consolidation yet again offered support. We are longer-term bulls when it comes to this pair, and believe that the next significant barrier...
The USD/CAD pair did very little during the session on Tuesday, but did manage to test the 1.11 handle. We break out above it, but it does look like the markets ready to continue grinding sideways. We...
The GBP/USD pair try to rally during the session on Tuesday, but as you can see pulled back. The resulting candle was a shooting star, so it is possible that we drift lower from here. However, we...
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star. The shooting star of course suggests that the pair...
