The GBP/USD pair rose during the session on Monday, but as you can see did really gain much. However, the important part of this action was that the 1.60 handle did in fact offer support. Because of...
The EUR/USD pair fell during the session on Monday, finding the 1.35 level rather supportive. However, we would not be surprised at all to see a little bit more of a pullback, perhaps to the 1.34 handle...
The AUD/USD pair rose during the session on Monday, breaking back above the 0.94 handle. Because of this, we feel that this market was primed to bounce even higher, and we believe that the 0.95 level will...
Tomorrow forex traders will be presented with two key data points which may heavily influence the EURUSD currency pair. The size of the move depends on the data and if it delivers a big positive or negative...
USD/CHF is in a solid downtrend these days, as a falling trend line can be formed when connecting the highs of the price. The pair has broken below several key support levels but might be in for...
The USD/JPY pair tried to rally during the Friday session, but pulled bank and formed a shooting star. This shooting star signifies to us that we are about to continue to consolidate, and therefore a little bit...
The USD/CAD pair rose during the session on Friday, but still looks very vulnerable to the downside. At this moment time though, we do recognize the fact that the weekly candle is a bit of a hammer,...
The GBP/USD pair went back and forth during the session on Friday, essentially printing a neutral candle. This neutral candle of course is sitting on top of the 1.60 handle, so it is possible that this could...
The EUR/USD pair did almost nothing during the session on Friday, but once it fell slightly, you can see that the market did bounce enough to form a little bit of a hammer.
The AUD/USD pair fell during the session on Friday, but bounced a little bit in order to form a hammer like candle. Because of this, look like the markets going to try and break back to the...
