The USD/JPY pair had another positive session on Tuesday, as the buyers have stepped up pressure again. This market will be especially sensitive to the FMOC meeting announcement later today, so quite frankly we think waiting until...
The USD/CAD pair went back and forth during the session on Tuesday, although it did find support below the 1.11 level. Because of this, it formed a neutral candle that almost looks a little like a hammer,...
The GBP/USD pair went back and forth during the session on Tuesday, essentially settling nothing. This candle is very neutral, and we believe that the area below offers enough support that we really can break down significantly,...
The EUR/USD pair fell during the session on Tuesday, but as you can see bounced enough to close above the 1.3650 level. With this hammer, it appears that the market is going to simply grind sideways in...
The AUD/USD pair had a positive session on Tuesday, breaking above the 0.88 level at one point in time, but falling back down before the day closed. Nonetheless, this market looks like it should run into a...
USD/CHF seems to be on the start of an uptrend on its 1-hour time frame, as a rising channel is beginning to form. The pair just found support at the bottom near the .8950 minor psychological level...
AUD/JPY recently made a sharp selloff on global growth concerns and risk aversion but the pair seems ready to make a quick retracement. On the 4-hour time frame, the 61.8% Fibonacci retracement level of the latest swing...
The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we...
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced high enough to test the recent highs. Now that we are getting close to the top of the shooting star from...
The GBP/USD pair rose during the session on Monday, using the 1.65 level as support. This area was previously significant resistance, so the fact that it offered support really wasn’t that big of a surprise. On top...
