The USD/JPY pair fell initially during the session on Friday, but as you can see bounced enough in order to form a hammer. Because of this, we feel that this market will more than likely continue to...
The USD/CAD pair did absolutely nothing during the session on Friday as we continue to grind sideways around the 1.05 handle. This market is ultimately bullish as far as we can tell, but we need to clear...
The GBP/USD pair has shown yet another supportive candle near the 1.55 handle on Friday. Because of this, we believe that ultimately this pair will continue higher, but at this moment in time we do not have...
The EUR/USD pair fell during most of the session on Friday, but as you can see below the 1.32 level we had enough support come into the marketplace in order to push the market back up, and...
The AUD/USD pair tried to rally during the session on Friday, but like its antipodean cousin, the New Zealand dollar, it failed to hang onto gains. The resulting candle of course formed a shooting star which is...
On longer-term time frames, it is evident that USD/JPY is still undecided which direction to take as it consolidated inside a symmetrical triangle. The pair has made lower highs and higher lows on the 4-hour chart, and...
The USD/JPY rose during the session on Thursday, breaking above the 98 handle. However, we have not broken clearly above the 99 level that we want to see in order to go long, so we are still...
The USD/CAD pair rose during the session on Thursday as the US dollar got a bit of a boost against most currencies. On top of that, oil pulled back finally, as it has been overbought lately.
The GBP/USD pair fell again during the session on Thursday, but as you can see the 1.55 level continues to offer plenty of support. In fact, we formed two hammers before this candle, and as a result...
The EUR/USD pair fell hard during the session on Thursday, but as you can see we are still above the 1.32 handle. That is the level we need to see broken to the downside in order to...
