The USD/CAD pair exploded to the upside on Wednesday, breaking above the 1.10 level for the second day in a row, only this time we managed to stay above it and more importantly broke the top of...
The GBP/USD pair shot through the 1.65 handle during the session on Wednesday, breaking above the first area that we had mentioned needed to be cleared for the buyers to take over again. On top of that,...
The EUR/USD pair tried to rally during the session on Wednesday, but found far too much resistance in order to continue and keep the gains. The shape of the shooting star of course suggests that more selling...
The AUD/USD pair shot higher during the session on Wednesday, breaking back above the 0.88 level. The Australian dollar has been beat up rather significantly, so this bounce of course would have been expected at one point...
The AUD/USD pair went back and forth on Tuesday, hovering around the 0.88 level. This is an area that has been very important for the Australian dollar, and as we have formed a neutral candle, we suspect...
The EUR/USD pair rose after initially falling during the session on Tuesday, forming a hammer right at the 1.3550 support level. Because of this the Euro should continue to strengthen and we feel that the move is...
The USD/JPY pair try to rally during the session on Tuesday, but failed at just below the 105 level again. This is an area that has been a bit difficult for the buyers to overcome recently, so...
The USD/CAD pair tried to break above the 1.10 level during the session on Tuesday, and had some luck. However, as you can see we ended up pulling back below that level in forming a nasty looking...
The GBP/USD pair initially fell during the session on Tuesday, but pushed higher towards the 1.65 level. That level has been resistive though, and as a result it doesn’t surprise us that the market could not get...
The USD/JPY pair initially fell during the session on Monday, but found enough support in the area of the 104 handle that we saw a hammer form, suggesting of course of the market is going to continue...
