After a major negative candle during the session on Wednesday, the USD/CAD pair bounced a bit as oil markets calmed down. Ultimately, oil markets are reacting to the possible OPEC output cut, and as a result there...
The GBP/USD pair initially tried to rally during the course of the session on Thursday but then turned around to form a fairly negative candle. I do recognize that there is a bit of support just below,...
The EUR/USD pair initially fell during the course of the day on Thursday, but then turned right back around to form a hammer. This coincides with the hammer from Wednesday, so at this point in time I...
The AUD/USD pair had a fairly negative candle during the day as we continue to run into quite a bit of resistance near the 0.77 handle. With this being the case, I feel that the market is...
The EUR/JPY pair initially tried to rally during the day on Wednesday, but turned around to form a bit of a shooting star. Ultimately though, the 100 level below is massively supportive and as that is the...
The USD/CAD pair rose during the course of the session on Wednesday, breaking above the 1.32 level significantly. However, we have to get above the top of the session for Tuesday, and once we get above there,...
The GBP/USD pair went back and forth during the course of the session on Wednesday, showing a fairly neutral candle. At this point in time, it appears that the 1.30 level is a bit of a magnet...
The EUR/USD pair went back and forth and form a bit of a negative candle, with a neutral tone as well. With this being the case, I think we continue to grind lower, but at this point...
The AUD/USD pair initially tried to rally during the course of the session, but turned around to form a shooting star. I believe that an area below near the 0.76 level is essentially the “floor” at this...
The USD/JPY pair went back and forth during the course of the session on Tuesday, ultimately forming a fairly neutral candle. The neutral candle is only neutral because we are sitting on top of the 100 level...
