The USD/CAD pair attempted to rally during the session on Friday as the Non-Farm Payroll numbers came out as expected in the United States. The pair failed though, and as a result formed a shooting star.
GBP/USD had a horrible showing on Friday, as we slammed all the way down to the 1.57 handle. If there was going to be any serious fight by the bulls down at this level, Friday proved that...
The EUR/USD pair rose again during the Friday session as the nonfarm payroll numbers in America came out pretty much as expected. This being said, we have broken above the 1.350 level, which of course was an...
The AUD/USD pair fell during the Friday session as the Aussie continues to underperform. The market has been consolidating between the 1.02 and 1.06 levels, and has a “midpoint” of 1.04 to guide the markets.
The USD/JPY pair rose during the session on Thursday as the Yen continues to weaken against almost everything its used to buy. The pair has broken out, and the 90 handle should now continue to offer support...
The USD/CAD currency pair fell rather strongly during the Thursday session as we broke the bottom of the shooting star from Wednesday. If you watched yesterday’s video, you know that we had suggested that a break down...
The GBP/USD pair rose during the session on Thursday, as the selloff has abated, and the 1.58 area is starting to show real strength. Because of this, we think that the analysis that we have been going...
The EUR/USD pair initially fell during the Thursday session, but found enough buyers to push the market back up and form a hammer. This hammer since just below the 1.36 level, and we believe that the Friday...
The AUD/USD pair went back and forth during the session on Thursday, finishing just above the 1.04 level again. It does look as we said yesterday that we are looking at consolidation going forward, and that this...
The USD/JPY pair rose during the session on Wednesday, but found the area above the 91 handle a bit too much for the buyers to hold onto. The resulting candle is somewhat of a shooting star, but...
