The USD/CAD pair fell during the session after initially going higher on Tuesday, breaking below the 1.06 handle. However, we feel that there is a lot of support below, even as low as 1.05 handle, and as...
The GBP/USD pair fell hard during the session on Wednesday, but found the 1.6350 level be supportive yet again. Because of this, we feel that the British pound is essentially “on sale”, and as a result would...
The AUD/USD pair fell hard during the session on Wednesday, closing at the very lows of the range. We still see significant support in the neighborhood of 0.90, so it’s a bit difficult to short in this...
The US Federal Reserve will meet this month on December 17th through December 18th for their last FOMC meeting of 2013 and the last one chaired by Ben Bernanke. Plenty of traders will look forward to the...
GBP/JPY might be on its way to resume its climb, now that price has made higher lows while stochastic drew lower lows. The support at the pair’s previous week highs around 169.00 seems to be holding well.
The USD/JPY pair fell during the session on Tuesday, but as you can see bounced a little bit towards the end of the day. We have now filled the gap from the weekend completely, and as a...
The USD/CAD pair fell during the session on Tuesday, slamming into the 1.06 level, which of course acted as support. This is an area where we expect a lot of buying pressure to be had, going all...
The GBP/USD pair rose initially during the session on Tuesday, but as you can see ran into a bit of resistance in order to pull back and form a shooting star. That shooting star suggests that we...
The EUR/USD pair rose during the session on Tuesday, testing the 1.38 level for resistance. That level did in fact offer resistance, and as a result we ended up forming a shooting star. We do not feel...
The AUD/USD pair broke out to the upside during the session on Tuesday, closing at the 0.9150 level. However, it seems that the market is going to struggle in this area, and if we break the top...
