The GBP/USD pair rose during the session on Tuesday, breaking through quite a bit of resistance. The fact that we close above the 1.65 level signifies to us that this market is going to continue going higher, and therefore...
The USD/CAD pair fell hard during the session on Monday, and as you can see is reaching towards the 1.06 level in order to find support yet again. With that being the case, looks like we’re going to continue...
The USD/JPY pair did very little during the session on Monday, essentially falling back to the 1.05 level in order to prove it as being supportive. This area was a significant resistance level previously, so of course it’s not...
The EUR/USD pair rose during the session after initially falling on Monday, but as you can see found trouble at the 1.38 handle yet again. In the end, we believe this is the beginning of for a significant resistance,...
The GBP/USD pair continues to meander around the 1.65 handle, essentially printing a neutral candle for the Monday session. With the lack of liquidity in the marketplace, and the New Year’s Day holiday coming, it’s hard to imagine that...
The AUD/USD pair rose during the session on Monday, bouncing off of the lows again. However, this market is simply showing a bit of a “dead cat bounce.” This is our opinion because of the fact that the liquidity...
The USD/JPY pair initially fell during the session on Friday, but as you can see powered higher later in the day to close above the 105 level. We have now reached of the target that we had...
The USD/CAD pair initially fell on Friday, but as you can see the 1.06 level exerted is influence again, pushing the markets much higher. We ultimately closed above the 1.07 handle, and as a result we think...
The GBP/USD pair rose during the session on Friday, but as you can see got back below the 1.65 level in order to form a shooting star. The shooting star shows that the market is ready to...
The EUR USD pair had an extraordinarily violent move to the upside on Friday, breaking above the 1.38 handle. However, you can see that the market pulled back from that area, signifying that perhaps it was more...
