The USD/CAD pair rose above the 1.04 handle during the session on Wednesday, but as you can see stopped at the 1.0450 level. That being said, the market does look strong, but until we get a daily...
The GBP/USD pair went back and forth during the session on Wednesday, as you can see slicing through a couple different areas. However, we start today just under the 1.55 handle, so it’s easy to understand that...
The EUR/USD pair fell initially during the session on Wednesday, but as you can see found enough support in order to form a hammer. This hammer was pressing up against the downtrend line of a larger descending...
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough to go back to the 0.90 handle. The resulting hammer suggests that the market is going to go higher from here,...
Bank of England Governor Mark Carney, the first non-English BoE Governor, gave his first quarterly inflation outlook today and took the opportunity to apply an unemployment threshold to the banks quantitative easing program. Carney stated that the...
The USD/JPY pair fell during the session on Tuesday, breaking below the 98 handle. However, you could plainly see that there is still plenty of support below that big figure, and as a result the market could...
USD/CAD pair rose during the session on Tuesday, but as you can see could not break above the 1.04 handle, which of course means that it will struggle to go higher. In fact, we still want to...
The GBP/USD pair tried to rally during the session on Tuesday, but as you can see failed. The resulting candle is a shooting star, NED is basically where we thought we would run into the first amount...
The EUR/USD pair rose during the session on Tuesday, but as you can see it still remains below the downtrend line that forms the greater descending triangle. Because of this, we are not buying this pair, but...
The AUD/USD pair rose during the session on Tuesday, slamming into the 0.90 handle. However, that area did offer enough resistance to keep the market down.
