The USD/JPY pair broke out to the upside during the day, slicing through the 115 handle. This is an impulsive candle, so I think we could continue to go higher, but a pullback from there could be...
The USD/CAD pair went back and forth on Friday, as we continue to drift around. We have the OPEC and non-OPEC countries meeting over the course of the weekend, to discuss some type of production cut. If...
The GBP/USD pair had a very quiet session on Friday, as we essentially continue to do nothing. I do recognize that there is a significant amount of resistance above the 1.2850 level, and I consider that to...
The USD/JPY pair fell at the open on Thursday but found enough support just above the 112.50 level to turn things around and form a nice-looking hammer. Nonetheless, I am a bit reticent to start going long...
The USD/CAD pair fell after initially trying to rally on Thursday, forming a relatively suspect looking candle at the 1.32 level. This is an area that has quite a bit of support based upon a previous uptrend...
The British pound initially went higher during the day on Thursday but found enough resistance of the previous 50% Fibonacci retracement level again to turn things around and start falling. The market has a supportive trend line...
The EUR/USD pair initially tried to rally during the day on Thursday but found itself turning around due to the fact that the ECB is going to expand and links in its quantitative easing overall, and that...
The AUD/USD pair initially tried to rally and break above the 0.75 level, but turned around to fall to the 0.7450 level. I think if we can break down below the preceding hammers that had formed half...
The USD/JPY pair went back and forth during the day on Wednesday as we continue to show quite a bit of volatility. I believe that sooner or later we should see a bit of a pullback in...
The USD/CAD pair initially tried to rally during the day on Wednesday but continued to drop a bit as it looks like we are going to reach towards the 1.32 handle now. This is an area where...
