AUD/USD made a strong break above a recent resistance level, thanks to reassuring comments from Fed Chairperson Janet Yellen. However, price seems to be stalling around the .9000 major psychological level and might need to make a...
The USD/JPY pair rose during the session on Tuesday, using the 102 level as a springboard. Part of this would’ve been because of the Federal Reserve continuing to taper according to Janet Yellen’s words, and as a...
The USD/CAD pair fell during the session on Tuesday, but remained respectful of the 1.10 level as support. With that, we feel that supportive candles in this general vicinity should be buying opportunities, and as a result...
The GBP/USD pair rose during the session on Tuesday, but found enough resistance of the 1.65 level in order to pull back and give half of the gains back out. The market continues to look bullish, and...
The EUR/USD pair tried to rally during the session on Tuesday, but as you can see the market failed to hang onto the gains and ended up forming a shooting star at the 1.3650 level. With that,...
The AUD/USD pair broke out during the session on Tuesday, slamming through the 0.90 handle. However, we did not break the highs from early January, so even though it’s a strong sign, we haven’t technically broken out...
NZD/USD recently broke below the ascending trend line on its 4-hour time frame and dipped below the .8100 mark. However, weak data from the US and improved risk sentiment have allowed the pair to pull back to...
The USD/JPY pair spent most the day falling on Monday, but did gapped higher at the open. Essentially, we ended up filling that gap and showing that the 102 level is in fact going to be supportive....
The USD/CAD pair did very little during the session on Monday, but it did prove one thing: that the 1.10 level is indeed still going to be supportive. Because of this, we think that buying this market...
The GBP/USD pair went back and forth on Monday, hovering around the 1.64 level. The fact that we have not pulled back after forming such a positive candle on Friday does suggest that perhaps there is still...
