The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the 1.35 handle. The fact that we are broken above there signifies that the market is ready to go higher given enough time,...
The GBP/USD pair initially fell during the day here on Tuesday, but found enough support below the 1.50 level to turn things back around and form a relatively positive looking hammer. The question now is whether or...
The EUR/USD pair broke higher during the course of the day on Tuesday, breaking the top of the hammer that had formed on Monday. However, we see quite a bit of resistance above so even though this...
The AUD/USD pair fell during the day on Tuesday, but found enough support below to turn things around and form a candle that looks suspiciously like a hammer. With this being the case, I break above the...
The USD/JPY pair fell after initially trying to rally during the day on Monday, ultimately settling on a very neutral candle. We feel that the US dollar will continue to strengthen over the longer time though, so...
The USD/CAD pair broke out finally during the course of the session on Monday, meaning that we should see continued bullish pressure. On top of that, we broke above the psychologically significant 1.35 handle, and of course...
The GBP/USD pair initially tried to rally on Monday, but then turned back around to fall significantly. It looks as if we are heading down to the 1.5 level, which of course has some psychological significance but...
The EUR/USD pair initially fell during the course of the day on Monday, but found quite a bit of support below to turn things around and form a hammer. The hammer of course is a very bullish...
The AUD/USD pair fell during the day on Monday, finally making a decision after forming several indecisive candles in a row. Because of this, we feel that the market is going to grind its way lower and...
The USD/JPY pair bounced during the day on Friday as the employment numbers came out much stronger than anticipated. When the US jobs numbers go up, it’s quite common for this pair to do the same. It...
