The AUD/USD pair fell during the session on Thursday after initially trying to rally, which of course it failed to do so. The resulting candle is a shooting star, but there is a hammer from the previous...
EUR/USD’s uptrend seems to be exhausted already as the pair broke below the rising channel support on its 4-hour time frame. The strong red candle close below the 1.3300 major psychological level signifies a possible reversal, probably...
The USD/JPY pair rose during the session on Wednesday, bouncing off of the 97 handle. We did not completely and golf the previous days bearish candle, but having said that we did take enough away make this...
The USD/CAD pair has been going sideways with a slightly downward bias over the last couple of sessions, and Wednesday of course was no different. However, we do not feel that this market is going to break...
The GBP/USD pair fell during the session on Wednesday, breaking well below the 1.55 handle during the day. However, you can see that the markets did in fact find enough support to bounce back over that level,...
The EUR/USD pair fell during the session on Wednesday, but as you can see really didn’t go far in the end. We simply seem to be going sideways overall at the moment, and this makes sense considering...
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough in order to form a hammer. This hammer to us suggests that we are going to see more continuation of sideways...
Bank of England Governor Mark Carney, the first non-British Bank of England Governor, delivered his maiden speech today after he failed to score with financial markets after the release of minutes from his maiden Bank of England...
GBP/USD has sold off in the past few trading days, signaling that a longer-term downtrend is starting to unfold. Before that happens though, GBP/USD could still pull back to an area of interest seen on the 1-hour...
The USD/JPY pair fell hard during the session on Tuesday, slamming through the radiator handle, and parking right at the 97 handle. However, we think that there is a significant amount of support below, so with that...
