The GBP/USD pair went back and forth during the session on Friday, in reaction to the nonfarm payroll number, and as you can see we really haven’t done much ultimately. It looks as if this market is...
The EUR/USD pair initially fell during the session on Friday, but as you can see rocketed higher in order to go above the 1.37 level. The resulting candle is a hammer, and it suggests that the market...
The AUD/USD pair fell during the session on Friday, but as you can see the 0.90 level offered enough support to push the market much higher. Ultimately, we close that the 0.91 handle, and formed a hammer...
The USD/JPY pair fell hard during the session on Thursday, breaking the bottom of the neutral candle that we had formed on Wednesday. That neutral candle looks to be indicative of a market that’s trying to figure...
The USD/CAD pair fell during the session on Thursday, retracing all of the gains from Wednesday. However, we are still well above the 1.06 handle, an area that we expect to be significant support. Today is nonfarm...
The GBP/USD pair fell during the session on Thursday, dipping to the 1.63 handle before the day ended. However, we did get a little bit of a bounce from their and it appears that the market is...
The EUR/USD pair initially fell during the session on Thursday, but shot much higher and close above the 1.36 level for the first time in ages. That being the case, we still have a little bit of...
The AUD/USD pair initially fell during the session on Thursday, but found enough support at the 0.90 level again to bounce. We believe that this level should hold, at least until the nonfarm payroll numbers come out.
The USD/JPY pair is one that will be very interesting to watch the rest of this week. With the nonfarm payroll number coming out on Friday, it is not surprising that the market simply went back and...
The USD/CAD pair rose during the session on Wednesday, breaking the top of the shooting star that had formed on Tuesday. This is a very bullish sign, and we think this pair continues to go higher. The...