The EUR/USD pair fell during the session on Monday, but bounced towards the end of the day to form something along the lines of a hammer. This suggests that the market is going to make a serious...
The AUD/USD pair fell during the session on Monday, but just slightly so. It looks like we are continuing to try to form some type of rounded base at this point, and as a result we think...
The USD/JPY pair fell during the session on Friday, slamming into the 98 handle. At the 98 level we see quite a bit of support though, so it doesn’t surprise us that we could not get through...
The USD/CAD pair had a negative session on Friday, but as you can see it just barely fell. That being the case, it looks like the market is trying to grind itself lower, and at this point...
The GBP/USD pair went back and forth during the session on Friday, essentially going nowhere. We are dead smack in the center between two major support and resistance levels, and as a result we don’t see a...
The EUR/USD pair went back and forth during the session on Friday, but as you can see got nowhere. Just above the current price action is a downtrend line that forms the top of the descending triangle,...
The AUD/USD pair rose during the session on Friday, but as you can see remains below the 0.93 handle. It isn’t that level that we think resistance sits and that is exactly what’s keeping the market depressed...
The USD/JPY pair fell hard during the session on Thursday, slamming into the 99 handle. However, we got a little bit of a bounce towards the end of the day, and this of course would be expected.
The USD/CAD pair fell during the session on Thursday, breaking well below the 1.03 handle yet again. At this point time, the market does look like it is struggling to fall, but in reality we feel that...
The GBP/USD pair went back and forth during the session on Thursday, bouncing off of the 1.5250 level as we had suspected, and went much higher at that point in time. We still think this market eventually...
