The USD/CAD pair tried to rally during the session on Tuesday, but as you can see ran into enough trouble just below the 1.04 level in order to keep the rally from going anywhere. At the end...
The GBP/USD pair fell during the session on Tuesday, but slammed back into the 1.60 handle by the end of the day in order to form a nice looking hammer. The previous session formed a shooting star,...
The EUR/USD pair fell during the session on Tuesday, but found the 1.35 level to be supportive enough in order to bounce and form a hammer. This hammer suggests to us that we are to stay within...
A complex head and shoulders pattern seems to be forming on EUR/USD’s 4-hour time frame, as the pair is testing the neckline around the 1.3500 handle.
AUD/USD rose during the session on Tuesday, but fell back down in order to form a perfect shooting star. This shooting star is sitting right around the 0.95 handle, so there is a real chance that we...
The USD/JPY pair initially fell during the session on Monday, slamming into the bottom of the massive wedge that we have been following. The real question is whether or not the markets will be able to contain...
The USD/CAD pair fell during the session on Monday, but found support again at the 1.0350 region. This area should be supportive as far as we can tell, and as a result we are not ready to...
The GBP/USD pair tried to rally during the session on Monday, but as you can see the 1.60 level offered far too much resistance, and as a result the market formed a little bit of the shooting...
The EUR/USD pair tried to rally during the session on Monday, and did in fact crack above the 1.36 handle, but as you can see failed miserably and pulled back to form a shooting star.
The AUD/USD pair rose during the session on Monday, but as you can see struggle that the 0.95 handle and got pushed down. However, this is a market that we are watching with great interest right now...
