The USD/CAD currency pair attempted to rally during the session on Wednesday, but ran into significant resistance at the 1.0050 level. It is because of this that we are starting to suspect that the breakout is a...
The EUR/USD pair shot through the 1.35 level finally on Wednesday. This is a significant breakout, in the fact that the market is closing so high suggests that we are just now starting to form the next...
The AUD/USD pair had a negative session during the trading day on Wednesday, retesting the 1.04 level. However, it should be noted that that level course did hold as support, and it looks like you’re trying to...
The USD/JPY pair bounced slightly during the session on Tuesday, but gave back much of the gains towards the end of the session in order to form a little bit of a shooting star. However, we see...
The USD/CAD pair fell drastically during the session on Tuesday as we crashed back down towards the parity level again. The real question is whether or not support can come into the market at this point in...
The GBP/USD pair rose during the Tuesday session, essentially reversing the losses from Monday. This market looks like it could be trying to react to a supporting area, and as a result we think that a move...
The EUR/USD pair fell initially during the Tuesday session, but found enough support at the 1.340 level to bounce and form a fairly positive candle for the day. Just above lies the 1.35 resistance area, an area...
The AUD/USD pair broke the top of the hammer that we formed on Monday during Tuesday’s action, and as a result a bullish buy signal has been sent out. We believe this market will continue to grind...
The USD/JPY pair fell during the Friday session as the profit taking continued. However, we have a lot of support at the 90 level, so the pullback will more than likely be short-lived at best.
The USD/CAD pair originally rose during the session on Monday, but found the 1.01 level to be far too resistant yet again. This market had previously seen quite a bit of resistance at the 1.0050 level, and...
