The GBP/USD pair fell and broke down below the 1.58 handle during the session on Thursday. However, we get a bit of a bounce later in the session and form to something that looked a bit like...
The EUR/USD pair shot straight up during the session on Thursday as the Euro gained against pretty much everything. However, we are still within the consolidation area that is bordered by 1.34 and 1.3250, and as such...
The AUD/USD pair fell apart during the session on Thursday as the 1.05 handle gave way as support. This pair has been consolidating for quite some time, and the action for Thursday would have been a bit...
The USD/JPY pair fell during most of the session on Wednesday, but bounced back in order to form a hammer. This hammer is focused around the 88.50 level, which of course is where last week’s hammer focused...
The USD/CAD pair shot straight up during the session on Wednesday after the Bank of Canada it a let it be known that interest rates would be on hold longer than expected during their interest rate announcement.
The GBP/USD pair went back and forth wildly on Wednesday just as it had on both Monday and Tuesday. Looking at this, we suspect that the 1.58 level is trying to hold a support, after a significant...
EUR/USD went back and forth during the session on Wednesday a very similar manner as to how I did it on Tuesday. Because of this, the market does look very confused and like it wants to grind...
The AUD/USD pair fell during most of the session on Wednesday, but bounced that the 1.0530 level in order to form a bit of a hammer. With this being said, it does look like a market that’s...
The USD/JPY pair fell during the session on Tuesday, after the Bank of Japan announced its plans for monetary easing. It wasn’t really a matter of being disappointed, more of a “sell on the news” type of...
The USD/CAD pair initially rallied during the session on Tuesday, but found the 0.9950 level far too resistant yet again. Because of this, we formed a candle that looks somewhat like a shooting star it certainly looks...
