The GBP/USD pair rose during the session on Monday, bouncing off the 1.60 handle, and showing that the area is in fact supportive. We had suggested previously that this area might be a great place to buy...
The EUR/USD pair went back and forth during the session on Monday, essentially going nowhere by the time the day was finished. The resulting candle is a neutral, but you could make a little bit of an...
The AUD/USD pair struggled during the session on Monday, dipping below the 0.94 handle at one point in time, but as you can see bounced enough to form a hammer. This hammer suggests that the market will...
The USD/JPY pair fell initially on Friday, but as you can see reversed that move and formed a hammer. This hammer of course suggests that the market is going to go higher, but we also recognize the...
The USD/CAD pair fell during the session on Friday, testing the 1.03 level. We did close a couple of pips below there, but we are still well within the supportive band that we’ve seen recently, and as...
The GBP/USD pair fell hard during the session on Friday, closing at the very lows of the day. However, you can see that we are approaching the 1.60 handle, an area that should be rather supportive.
EUR/USD fell hard during the session on Friday, as the lack of nonfarm payroll numbers probably played into the hands of the US dollar. After all, there was nothing to complain about when it came to the...
The AUD/USD pair rose during the session on Friday, but as you can see really didn’t gain much. We still see a significant amount resistance above at the 0.95 handle, and as a result we feel that...
The USD/JPY pair went back and forth during the session on Thursday, showing significant indecisiveness at the 97 level. This area for us is fairly supportive, but we cannot help but recognize that we have broken down...
The USD/CAD pair did very little during the session on Thursday as we await the nonfarm payroll numbers later today. This pair tends to be very volatile during that announcement, so it’s not very difficult to imagine...
