The USD/CAD pair again during the session on Thursday, but as you can see the 1.02 level was far too resistive for the buyers to overcome. This resulted in a perfect shooting star, and as a result...
The GBP/USD formed what could be considered a perfect hammer during the session on Thursday. The 1.52 level that the hammer is based upon is the very bottom of the ascending triangle that originally sent this market...
The EUR/USD pair fell significantly during the Thursday session, cracking the 1.3250 level as support. The market did stop however as the 1.3150 area, as it looks to be the bottom of that support area. Because of...
The AUD/USD pair went back and forth during the session on Thursday, but in the end formed a relatively neutral candle. In fact, you could almost call it a hammer, which we of course will treat as...
The USD/JPY pair went back and forth during the session on Wednesday, essentially ending up where it started. The market is currently attractive to the 93.50 level, and after the FMOC minutes been released, this market went...
The USD/CAD pair broke higher during the session on Wednesday as the Federal Reserve releases its minutes, suggesting that there is serious discussion on limiting asset purchases. If that happens, the US dollar should continue to gain...
The GBP/USD pair fell drastically during the session on Wednesday, making a move well below the 1.5250 handle. Because of this, it certainly looks like we are going to reach for the 1.50 handle that we have...
The EUR/USD pair initially trying to rally during the Wednesday session, but sold off rather drastically as the markets developed a “risk off” attitude around the world.
The AUD/USD pair fell hard during the session on Wednesday as commodities got hit across the board. The Federal Reserve released its minutes from the last month during the session on Wednesday, and as a result people...
The USD/JPY pair had a very quiet session on Tuesday as the market essentially hovered around the 93.50 level. This market looks like it’s trying to go sideways for the short term, possibly even with a downward...
