The USD/CAD pair initially rose during the session on Tuesday, but found the 1.01 area far too resistive, and turned around and started selling off. At the end of the session, we are essentially at the parity...
The GBP/USD pair fell significantly during the session on Tuesday, but bounced quite a bit in order to form a beautiful looking hammer. In fact, this looks like we could be starting to form a bit of...
EUR/USD fell during the session on Tuesday originally, but found enough support in order to bounce back in over the 1.3450 level. At the end of the session, that is roughly where we are trying to close,...
The AUD/USD pair fell initially during the session on Tuesday, but bounced enough in order to reach the 1.03 level by the end of the day. This move formed a big of supportive candle, and it appears...
The USD/JPY pair had another strong showing on Monday as we managed to break to new highs. Now that we are well above the 94 handle, we have to assume that the 95 handle is next, and...
The USD/CAD pair shot straight up during the session on Monday, but lost most of the gains in order to close right around the 1.0050 level. This significant give back formed a shooting star for the session,...
The GBP/USD pair looks absolutely horrible as the pair collapsed on Monday. We’re closing towards the bottom of the candle, and this almost always means that weakness will continue.
The EUR/USD pair rose during the session on Monday, bouncing off of the lows that we had put in last week. However, we did give back a significant amount of the gains, so now we are left...
The AUD/USD pair fell hard during the session on Monday, and continued its weakness as the Australian dollar simply cannot get out of its own way. However, we think that there is quite a bit of noise...
The USD/JPY pair fell during the session on Friday, but did bounce towards the end of the day at the 92.50 level. However, the weekly candle is a shooting star, and this of course suggests weakness.
