The EUR/USD pair rose during the session on Thursday, breaking above the highs from the Wednesday session, and more importantly piercing above the highs from the Tuesday shooting star. However, the 1.37 level has offered resistance yet...
The AUD/USD pair initially fell during the session on Thursday, but you can see found enough support below in order to bounce and form a hammer. This hammer of course suggests that we are going to try...
After that hawkish BOE inflation report, GBP/AUD made a strong break above the neckline of the double bottom pattern earlier this week. However, after finding resistance at the 1.8600 handle, the pair looks ready to make a...
The euro might be under fresh selling pressure as an ECB official recently spoke of the possibility of negative deposit rates in the region. On its 1-hour time frame, the pair is testing a falling trend line...
The USD/JPY pair has been one that we been following fairly closely over the last several months now. During the session on Wednesday, you can see that the market tried to fall, but found enough support in...
The USD/CAD pair fell during the bulk of the session on Wednesday, but as you can see bounced just a bit too close right around the 1.10 level. This suggests to us that this area is indeed...
The GBP/USD pair rose drastically during the session on Wednesday, breaking above the 1.65 level. That being the case, this market looks like it’s ready to go higher, but we do recognize that there is a bit...
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...
The AUD/USD pair rose during the bulk of the session on Wednesday, but as you can see fell from the 0.9050 handle, forming a shooting star. The shooting star sitting on top of the 0.90 level, and...
Today’s trading session once again was subject to conflicting economic reports. The past six to eight weeks more and more reports show the global economy expanding at a much slower pace than previously expected. Overall traders continue...
