AUD/USD is testing a key support level at the moment, as the .8950 level is in line with the pair’s lows for the year. Stochastic is pointing up, indicating a potential bounce but fundamental factors are hinting...
The USD/JPY pair pulled back on Monday, but found enough support to pop back above the 103 level and form a nice-looking hammer. This hammer suggests that we are going higher, which is what we believe in...
The USD/CAD pair fell during the session on Monday, but as you can see bounced enough to form a hammer that closed just underneath the 1.06 level. We believe that the area that we are currently and...
The GBP/USD pair trying to rally during the session on Monday, but as you can see ran into too much resistance of the 1.6350 handle. The resulting resistance pushed the market lower, and formed a shooting star....
The EUR/USD pair tried to rally during the session on Monday, but as you can see failed at the 1.38 level yet again. This area has been resistance for some time now, and as a result we...
The AUD/USD pair went back and forth during the session on Monday, essentially doing nothing at the end of the day. As we ended the day basically unchanged, this market looks like it’s still comfortable being below...
A double top pattern has formed on GBP/USD’s 4-hour time frame, indicating that the pair’s rally might soon be over. The pair seems to be testing the neckline around the 1.6300 major psychological support. The pattern is...
The USD/JPY pair initially tried to rally during the session on Friday, but as you can see pullback to form a shooting star. However, the shooting star is probably just going to be an opportunity to buy...
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see pullback in crashed back into the 1.06 handle. This level of course is supportive, and we see support all the...
The GBP/USD pair fell during the session on Friday, but as you can see bounced at the 1.6250 level in order to form something along the lines of a hammer for the daily candle. If the top...
