There isn’t much in terms of data in today’s economic schedule, but there could be an opportunity for a quick scalp trade for GBP/USD. The UK is set to print its CBI realized sales report at 12:00...
The USD/JPY pair fell during the bulk of the session on Friday, but as you can see found enough support at the 97 handle in order to form a pretty decent looking hammer. Because of this, we...
The USD/CAD pair rose during the session on Friday, breaking well above the candle that we had seen printed on Thursday. We are deftly in a buy only type of attitude in this market, and do recognize...
The GBP/USD pair rose during the session initially on Friday, but as you can see has formed a shooting star at the close. This of course signifies weakness, but we do not believe that this market going...
The EUR/USD pair did almost nothing during the session on Friday, hovering around the 1.38 handle again. Looks like the markets trying to take a little bit of a breather here, which makes sense considering we have...
The AUD/USD pair fell during the session on Friday, but as you can see is starting to slow its descent. We still believe that there is a significant amount of support below, namely at the 0.95 handle.
For the Kiwi bulls, the recent selloff in the Kiwi might be an opportunity to catch a long trade at a better price. However, the pair has still a few hundred pips to go before reaching potential...
The USD/JPY pair fell slightly during the session on Thursday, but as you can see remains above the 97 handle. This area is often a little bit of support, and as a result we think that this...
The USD/CAD pair broke higher during the session on Thursday, closing well above the 1.04 handle. This is the signal that we’ve been looking for, and as a result we are willing to buy this pair now...
The GBP/USD pair went back and forth during the session on Thursday again, hugging the 1.62 level as the market seems to be attracted to it. This is resistance that we have to get over, and we...
