The GBP/USD pair tried to rally during the session on Tuesday, but as you can see failed. The resulting candle is a shooting star, NED is basically where we thought we would run into the first amount...
The EUR/USD pair rose during the session on Tuesday, but as you can see it still remains below the downtrend line that forms the greater descending triangle. Because of this, we are not buying this pair, but...
The AUD/USD pair rose during the session on Tuesday, slamming into the 0.90 handle. However, that area did offer enough resistance to keep the market down.
The USD/JPY pair fell during the session on Monday, but remained above the 98 handle. We believe the 98 will be supportive, based upon the recent reactions that we have seen there over and over.
The USD/CAD pair try to break above the 1.04 handle during the session on Monday, but as you can see failed and fell from that point. This suggests that this market is going to return to the...
The GBP/USD pair bounced off of the 1.5250 level on Monday in order to prove that area as support. Because of this, we think that the next fight will be at the 1.54 handle, and then the...
The EUR/USD pair went back and forth during the session on Monday, losing slightly by the end of the day. The resulting candle looks pretty neutral, and as a result we think that this market continues to...
The AUD/USD pair fell initially during the session on Monday, but as you can see bounced enough to get back above the 0.89 handle, and form a hammer. Quite frankly, although this is a positive sign, we...
The USD/JPY pair tried to rally during the session on Friday, but as you can see the 100 level offered far too much resistance in order to overcome. That being the case, we feel that this market...
The USD/CAD pair rose during the session on Friday, slamming into the 1.04 handle as resistance overcame it. That being the case, we feel that this market is trying to breakout, but we need to see a...
