The GBP/USD pair broke higher during the course of the session on Wednesday, but as you can see remains well within the consolidation area that we’ve seen for some time. We believe that the 1.55 level below...
The EUR/USD pair rose slightly during the course of the session on Wednesday, but quite frankly we are simply consolidating at the moment. We believe that the 1.08 level on the bottom is the support, while the...
The AUD/USD pair went back and forth during the course of the day on Wednesday, essentially settling nothing. However, it appears that the market is not willing to put a lot of faith into the Australian dollar,...
The USD/JPY pair initially fell during the course of the session on Tuesday, but found enough support below the 124 level to turn things back around and form a hammer. Because of this, the market should then...
The USD/CAD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign, so we...
The GBP/USD pair went back and forth during the course of the day on Tuesday, essentially settling nothing. With that being the case, the markets look like they are going to continue to consolidate overall, with the...
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.10 level to be a bit too resistive. With this, we ended up forming a shooting star we think...
The AUD/USD pair broke higher during the course of the day on Tuesday as the RBA suggested that perhaps rate hikes could be in the future, at least before any type of rate cut. The Reserve Bank...
The USD/JPY pair went back and forth during the course of the session on Monday, essentially settling nothing. With that, we believe that the market ultimately is bullish, but at the end of the day we don’t...
The USD/CAD pair broke higher during the course of the session on Wednesday, breaking above the 1.31 handle handily. We believe that the market will continue to find buyers every time it dips, especially considering that the...