USD/CAD pair broke higher during the course of the day on Thursday, but could not break above the top of the shooting star. It is because of this that we aren’t quite ready to serve buying. We...
The GBP/USD pair fell hard during the course of the day on Thursday, breaking the back of the hammer from the Wednesday session. This is a very negative sign, and we believe the continuation is more than...
The EUR/USD pair broke down during the session on Thursday, signaling a lower. With that being the case, it appears that the market should continue to drift lower, aiming for the 1.2050 level which is our longer-term...
The AUD/USD pair broke lower during the session on Thursday, testing the lows of the Wednesday candle. This is a market that looks like it’s ready to go down to the 0.85 handle given enough time, and...
The USD/JPY pair broke higher during the session on Wednesday, testing the 115 level. This is an area that we anticipate seeing quite a bit of resistance at, based upon the fact that it is a large,...
The USD/CAD pair tried to rally during the course of the day on Wednesday, but ran into too much resistance just below the 1.15 level to turn things back around and form a perfect shooting star. We...
The GBP/USD pair fell during the bulk of the session on Wednesday, but found enough support below to turn things around and form a hammer. This hammer of course suggests that there is buying pressure below, and...
The EUR/USD pair broke down during the course of the day on Wednesday, slicing through the 1.25 handle. Because of this, the market looks like it’s ready to test the lows again, and eventually break down. We...
The AUD/USD pair broke down during the session on Wednesday, breaking below the fresh lows and signifying that the market should head down to the 0.85 handle. With that being the case, we are very bearish of...
The USD/JPY pair went back and forth during the day on Tuesday as we continue to see this market show bullish pressure. With that being the case, the market should continue to go much higher, but we...
