The GBP/USD pair fell during the session on Tuesday after initially trying to rally and get back above the 1.55 handle. This failure produced a shooting star, and that of course is a very negative sign. We...
The EUR/USD pair fell during the session on Tuesday, but as you can see found enough support to bounce a bit towards the end of the day. There is plenty of support below, and until we get...
The AUD/USD pair fell during the session on Tuesday, forming a shooting star after initially trying to make something positive out of the day. Because of this, we still feel that this market is going to fall,...
The USD/JPY pair rose during the session on Monday, breaking back above the 97 handle. We will see resistance at 98, but quite frankly we think the longer-term trend is still going to be up over time.
The USD/CAD pair rose during the session on Monday, peeking back above the 1.03 level again. That being said, we still think that this market is basically range bound and aren’t overly impressed by this move.
The GBP/USD pair fell during the session on Monday, slicing back through the 1.55 handle. However, there is quite a bit of support below and we are not willing to start shorting this pair at the moment.
The EUR/USD pair fell during the session on Monday, as we sliced through the 1.33 handle. However, you can see that there is a significant amount of support below there, so the buyers may step in and...
The AUD/USD pair fell during the session on Monday, as it looks like the market is finally going to succumb to the weight of the downtrend again. That being the case, we are selling on a break...
The USD/JPY pair fell during the Friday session, but as you can see did not clear the bottom of the hammer from Thursday, showing that there is at least some support in the form of 96. However,...
The USD/CAD pair fell during the session on Friday, but as you can see we are still in the middle of a bunch of support. This pair will be choppy, and quite frankly we would not be...
