The GBP/USD bounced back and forth during the session on Wednesday as the 1.61 handle continues to attract support. Looking at this market, we still feel that it is relatively supportive, and as such we would be...
The EUR/USD pair rose during the session on Wednesday as the bullishness continues. However, the market still looks like it is trying to consolidate between the 1.3150 and 1.33 levels.
The AUD/USD pair fell slightly at the beginning of the Wednesday session, but bounced back in order to form a hammer above the 1.0350 level. Because of this, it does look like we are about to see...
The USD/JPY pair rose during the session on Monday as the pair continues to rise overall. We now are clear of the 84 handle, which was once serious resistance. We see the 85 handle as resistive as...
The USD/CAD pair fell during the shortened Monday trading during the Christmas Eve holiday. Looking this chart, we cannot help but notice that the 0.9950 level is significant resistance, while the 0.9800 level offers support.
The GBP/USD pair initially rallied during the Monday session, but found resistance that push the market back down and formed a shooting star. This shooting star sitting just on top of quite a bit of noise, and...
EUR/USD initially rallied during the shortened Christmas Eve session on Monday, but failed to hold above the 1.32 handle and formed a shooting star. The market has produced three shooting star is the last four sessions now,...
The AUD/USD pair tried to rally at the beginning of the Monday session, but with low-volume the market found it being pushed lower again by the end of the session. In fact, we closed below the 1.04...
The USD/JPY pair fell during the Friday session, but bounced off of the 84 handle again and formed a hammer for the second day in a row. Looking at this chart, we can see that the 84...
The USD/CAD pair shot through the 0.99 handle during the session on Friday, but failed to close above the 0.9950 level which was our signal to start buying. Because of this, we would have this pair as...
