The GBP/USD pair went back and forth during the session on Thursday, showing support at the 1.60 level as support. That being the case, this market does look like it wants to go higher, but we need...
The EUR/USD pair fell during the session on Thursday, but found enough support in order to bounce and form a hammer. This hammer looks like it’s a market try to breakout above the 1.35 handle, but we...
The AUD/USD pair fell during the session on Thursday, but bounced enough above the 0.93 level in order to form a little bit of a hammer. That being the case, we think this market could go higher,...
A falling trend line can be seen connecting the highs of the price on AUD/USD’s 1-hour time frame, reflecting the ongoing downtrend for the pair. It has just bounced off the .9300 major psychological level and appears...
The USD/JPY pair fell during the session on Wednesday, but as you can see remains above the 99 handle, an area that should offer significant support. Because of this, we are looking for some type of supportive...
The USD/CAD pair fell during the session on Wednesday, proving the 1.05 level to be tough resistance after all. However, we do see quite a bit of support down 1.04, so we feel that this market is...
The GBP/USD pair shot straight up during the session on Wednesday, slicing through the 1.60 handle again. This is without a doubt a buy signal as far as we can tell, and short-term pullbacks will be used...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see bounced high enough in order to form a hammer that is pressing against the 1.35 level. This is interesting because we expect...
The AUD/USD pair rose during the session on Wednesday, bouncing off of the significant support area in the region of 0.93. As you can see on the chart, we actually have the line drawn that the 0.9250...
Economists forecasted a $102.0 billion budget deficit for the month of October out of the US, but the actual budget deficit came in at a much lower than expected $91.6 billion and is far less than October’s...