The EUR/USD pair rose during the session on Thursday, breaking the 1.38 handle during the day. However, we could not hang onto the gains above there, and therefore forward a bit of the shooting star.
The AUD/USD pair fell during the session on Thursday gain, but as you can see bounced as we got below the 0.96 handle. This area is offering a little bit of support, and as a result we...
EUR/USD is inside another consolidation pattern on its 1-hour time frame and, based on previous price action, this could mean another upside break.
The USD/JPY pair fell hard during the session on Wednesday, breaking down to the 97 handle. That being the case, it appears of this market is trying to find some type of support in this general vicinity,...
The USD/CAD pair shot straight up during the session on Wednesday as you can see, but found the 1.04 level rather resistive. This essentially carves out the consolidation area that we had anticipated being there, and as...
The GBP/USD pair fell during the session on Wednesday, but remains within the previous consolidation that we’ve seen over the last couple of days. That being the case though, we did get a little bit of a...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see found enough support below in order to pop up and form a hammer. Because of this, if we get above the highs...
The AUD/USD pair went back and forth during the session on Wednesday, eventually settling on a negative candle. The market closed just above the 0.96 handle, so we have to wait and see whether or not that...
Worries over potential tighter policy out of China are likely to increase volatility and initiate a much needed correction in both equity markets as well as currency markets. Plenty of traders have ignored the wrath of negative...
AUD/CAD’s rallies seem to be exhausted already as the pair is in the process of testing the resistance at parity. This is in line with a former support level, which has held last year.
