The AUD/USD pair rose during the session after gapping lower on Monday, but remains below the 0.90 handle. It is because of this that we are actually looking for some type of resistant candle in order to...
The USD/JPY pair fell during the session on Friday, but remains well within the consolidation area that we have seen for some time meaning that we don’t look at this as a move in one direction or...
The USD/CAD pair fell during the session on Friday, but found enough support at the 1.1050 level in order to bounce slightly. Nonetheless, the market seems as if it is consolidating in this general vicinity, but we...
The GBP/USD pair rose during the session on Friday, breaking the top of a hammer from the Thursday session. Because of this, it feels that the market is ready go higher, and that we will finally see...
The EUR/USD pair rose during the session on Friday, slamming into the 1.38 level. This area has served as significant resistance lately, and as a result it isn’t much of a surprise that the market stopped. However,...
The AUD/USD pair initially rose during the session on Friday, but found too much resistance of the 0.90 level in order to fall back and form a negative candle. This negative candle is testing the bottom of...
The USD/JPY pair fell initially during the session on Thursday, but as we have seen more than once, the 102 level has offered support. It now appears that this market is ready to start going higher, but...
The USD/CAD pair tried to rally during the session on Thursday, but found too much resistance and ended up forming a shooting star. The shooting star isn’t much of a candle though, and as a result we...
The GBP/USD pair fell during the session on Thursday, only to turn back around and form a hammer for the second day in a row. In fact, three of the last four sessions have formed hammers, and...
The EUR/USD pair initially fell during the session on Thursday, but found enough support below the 1.3650 level to form a decent looking hammer. However, there is so much noise above that we feel that this market...