The USD/JPY pair initially fell during the course of the day on Wednesday, but as you can see found enough support to turn things back around and form a hammer. In fact, this is the second hammer...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but struggled above the 1.25 level yet again. By doing so, we ended up breaking down again, heading to the 1.24 region....
The GBP/USD pair broke down during the session on Wednesday, testing the 1.5250 region. With that being the case, it appears of the market is going to continue going lower, but we need to see the market...
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.11 level. This suggests that the market is ready to go down to the longer-term target that we have been talking about, the 1.10 level....
The AUD/USD pair initially tried to break out to the upside on Wednesday, but turned back around to form a shooting star. Looking at this market, you can see that the market continues to go sideways overall....
The USD/JPY pair went back and forth during the session on Tuesday, as we continue to meander below the 120 level. However, we think that short-term pullbacks will continue to be buying opportunities. This is a market...
The USD/CAD pair initially fell during the session on Tuesday, dipping well below the 1.25 handle. However, we found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is...
The GBP/USD pair went back and forth on Tuesday, essentially settling on a slightly negative candle. At the end of the day however, we feel that this market has plenty of support in the neighborhood of the...
The EUR/USD pair initially fell on Tuesday, but as you can see turned back around to form a hammer. That hammer of course suggests that we are going to continue to go back and forth, as there...
The AUD/USD pair went back and forth on Tuesday, essentially establishing nothing. The market right now looks a lot like “dead money”, and as a result we are more than willing to step aside. We believe that...
