The USD/CAD pair went back and forth during the session on Thursday, meandering around the 1.1050 level. This is an area that’s been very sideways for some time now, and as a result we think that the...
The GBP/USD pair fell below the 1.63 level for the third session in a row, and for the third session in a row turned back around and form a hammer. The three hammers in a row of...
The EUR/USD pair bounced hard from just below the 1.35 handle on Thursday, and also off of the 200 day exponential moving average. Because of this, it appears that the uptrend is ready to continue, but we...
The AUD/USD pair try to rally during the session on Thursday, but as you can see found enough resistance just below the 0.90 level to pull back and form a hammer. This hammer is formed at the...
A classic reversal chart pattern has formed on GBP/JPY’s 1-hour time frame, indicating that the recent selloff is almost over. However, the pair has yet to make a break above the neckline of the formation before a...
The USD/JPY pair formed a hammer during the session on Wednesday again, showing that the 101 level is indeed going to be supportive. With that, we feel that this market will show substantial support again and again....
The USD/CAD pair went back and forth during the session on Wednesday, continuing to tread water just below the 1.11 level. With that, it appears the market is going to simply go sideways between now and nonfarm...
For the second session in a row, the GBP/USD pair formed a hammer on Wednesday. This hammer sits right at the 1.63 handle, and as a result it looks like this area is indeed going to be...
The EUR/USD pair went back and forth during the session on Wednesday, showing the 1.35 level as being supportive. We still have the 200 EMA just below, which of course offers dynamic support as well. However, we...
The AUD/USD pair went back and forth during the session on Wednesday, printing a neutral candle just above the 0.89 handle. That being the case, it appears the market is going to try and go higher, simply...
