The USD/CAD pair had a slightly positive session during the low liquidity Friday trading hours, but remains underneath the 1.02 level. However, we ultimately believe that this pair needs to pull back to the 1.01 handle, and...
The GBP/USD pair had a very quiet session on Friday, as it was holiday trading. However, you can see that just above current levels we have a significant resistance level that is trying to be broken out...
The EUR/USD pair did very little during the low-volume holiday on Friday, but recent action shows that this pair is without a doubt bearish and its momentum. However, the 1.2750 level has offered enough support to cause...
The AUD/USD pair attempted to rally during the Friday session, but even in the low liquidity could not do so. The candle formed for the session is a shooting star, but it sits just above a massive...
The USD/JPY pair fell during the Thursday session, but bounced off of the 94 handle in order for a small hammer. We still contend that the 94 level should be supportive, and this candle of course lends...
The USD/CAD pair went back and forth during the session on Thursday, eventually settling for a neutral candle. The market has found support at the 1.0150 level, but we think this is a minor area at best.
The GBP/USD pair had a positive session on Thursday, testing the 1.52 level for resistance. Within this chart, it appears we are trying to bounce a bit, but we need to clear the 1.53 level in order...
The EUR/USD pair rose during the session on Thursday, bouncing off of the 1.2750 level. This was predicated mainly upon the idea that the Cypriot banks opened without too much in the way of violence or a...
The AUD/USD pair fell during the session on Thursday, slamming into the 1.04 level. However, you can see that that level held as support, as we thought it might. This is a perfect place to see supportive...
The USD/JPY pair went back and forth during the session on Wednesday, essentially bouncing between the 95 and the 94 handles. This area below seems to be rather supportive, so we think that a move above the...