The GBP/USD pair rallied during the session on Tuesday, but gave back quite a bit of the gains in order to form something along the lines of a shooting star, or possibly a neutral candle. However,
The EUR/USD pair fell during the majority of the session on Monday, but as you can see got enough of a bounce in order to form a hammer.
The AUD/USD pair broke higher during the session on Tuesday, closing well above the 0.90 handle. While this is a positive development in this market, it’s obvious that the 0.9050 level has been resistive previously, and therefore...
Dollar strength is still dominating price action but the move might be overdone on USD/CHF pretty soon. The 4-hour time frame shows that a resistance level is just around the corner and close to the .9400...
The USD/JPY pair rose during the session on Monday, breaking the downtrend line that had been keeping the market lower since the beginning of July. That being the case, it appears that the market is ready to...
The USD/CAD pair did almost nothing during the session on Monday as one would expect. After all, this pair is more heavily traded during North American trading hours, and both the Americans and Canadians were celebrating Labor...
The GBP/USD pair rose during the session on Monday, but as you can see gave back a significant portion of the gains. Nonetheless though, we did trigger by signals as we broke the top of several hammers.
The EUR/USD pair did very little during the session on Monday as you would expect, since the Canadians and Americans were both away for Labor Day celebrations. However, the pair is at an interesting support level, namely...
The AUD/USD pair went straight up during the session on Monday, but as you can see the 0.90 handle offered resistance as predicted. That being the case, we are actually looking for sell signals in this general...
USD/JPY has been consolidating inside a symmetrical triangle for the past few months, as seen on the 4-hour time frame. The pair just made an upside breakout earlier today, as Abe got the approval to increase corporate...
