The USD/JPY pair went back and forth during the day but settled on a slightly positive candle. It appears that the market is basically “stuck” to the 120 handle. Because of this, we are simply sitting on...
The USD/CAD pair initially tried to fall during the course of the day on Wednesday but found enough support to turn things back around and form a bit of a hammer. We believe that this market is...
The GBP/USD pair fell during the course of the day on Wednesday, testing the 1.52 level. With that, the market looks as if the market is going to try to break down below there, but a short-term...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 50 day exponential moving average. The 1.12 level above is going to be resistive as well, but if we can break above...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but turned back around near the 0.71 level in order to fall significantly and form a bit of a shooting star. Because...
The USD/JPY pair fell during the course of the session on Tuesday, as we continue to bounce around the 120 handle. This is an area that’s been very magnetic as far as the markets are concerned, and...
The USD/CAD pair had a slightly positive session during the day on Tuesday, as we continue to press upon the 1.3350 level. This is an area that if we can get above, should signal the next leg...
GBP/USD pair fell during the course of the session on Tuesday, slicing through the 1.54 level. We ultimately believe that this market will continue to go lower based upon the candle, and a break down below the...
The EUR/USD pair fell significantly during the course of the session on Tuesday, as we are now well below the 50 day exponential moving average. However, the 1.11 level below looks like it is somewhat supportive, and...
The AUD/USD pair had a negative session during the day on Tuesday, as we continue to see downward pressure against the Australian dollar. After all, there’s a lot of concerns out there that can weigh upon a...
