The USD/CAD pair initially fell during the day on Tuesday, but found enough support near the 1.33 level to form a bit of a hammer. This is a market that should have quite a bit of volatility...
The GBP/USD pair went back and forth during the course of the session on Tuesday, showing quite a bit of volatility, yet lack of real direction for the day. Ultimately though, we prefer selling this market so...
The EUR/USD pair rallied during the day on Tuesday, bouncing above the 1.06 handle. However, we think this is simply a bit of a “dead cat bounce” of sorts, and therefore we are waiting for resistant candle...
The AUD/USD pair broke higher during the day on Tuesday, clearing the 0.73 level. This is a market that seems it’s ready to continue going higher, but we need to break above the 0.74 level before we...
The USD/JPY pair rose during the day on Monday, as we continue to consolidate in the area that we have been stuck in for a couple of weeks now. Ultimately though, we believe that the nonfarm numbers...
The USD/CAD pair initially fell during the day on Monday, but turned back around near the 1.33 level to bounce and form a bit of a hammer. This hammer of course is a bullish sign and therefore...
The GBP/USD pair went back and forth on Monday, but ultimately settled on a fairly neutral looking candle just above the 1.50 level. It’s an obvious large, round, psychologically significant number, so a bounce off of the...
At this point in time, we believe it’s pretty much a foregone conclusion that the market is going to reach down to the 1.05 handle. However, there isn’t much in the way of room between here and...
The AUD/USD pair rose during the day on Monday, but struggled to make any real gains. Ultimately, this is probably because there is an interest-rate announcement and more importantly a monetary policy statement coming out of Australia...
The USD/JPY pair initially fell during the day on Friday, but then turned around to form a bit of a hammer. The 122 level below is massively supportive in our opinion, as we continue to consolidate between...
