EUR/USD pair fell during the session on Wednesday, testing the 1.3550 level again. There is a significant cluster in this area from the end of November that we think will continue to offer a bit of support,...
The AUD/USD pair try to rally during the session on Wednesday, but as you can see fell after doing so. The resulting candle is a shooting star, and this of course suggests that the market is going...
With Friday’s non-farm payroll report out of the US and the usual volatility which comes with it forex traders often try to position their portfolios ahead of the release, depending on their forex strategy as well as...
A double top has formed on EUR/USD’s 1-hour time frame and it seems that the pair has confirmed the potential selloff. It has broken below the neckline around the 1.3650 minor psychological level but is waiting for...
The USD/JPY pair rose during the session on Tuesday, reversing the losses that we had seen on Monday. That being the case, looks like the market is going to continue to bounce around the 105 level, and...
The USD/CAD pair had a very positive session on Tuesday, finally breaking well above the 1.0725 level. This is the area that we’ve talked about for some time has been absolutely vital for the buyers to break...
The cable pair fell slightly during the session on Tuesday, testing the support that had been shown from the Monday session in the form of a hammer. This hammer of course suggests that the market is supported...
The EUR/USD pair went back and forth on Tuesday, ultimately settling into a slightly negative candle. This market continues to show that there is support at the 1.36 region, and therefore we feel that the market will...
The AUD/USD pair fell during the session on Tuesday, showing significant resistance near the 0.90 handle. That being the case, the market looks like it’s going to struggle in that general vicinity, and as a result we...
USD/JPY is still on a strong uptrend, as seen from the rising trend line connecting the lows of the price on the 4-hour time frame. At the moment, the pair is testing the trend line around the...
