The GBP/USD pair fell during the session on Thursday after forming a shooting star on Wednesday, which of course is a classic sell signal. However, the pair pulled back slightly only to bounce and formed a hammer...
The EUR/USD pair did very little during the session as we went back and forth but essentially got nowhere. This market looks like it’s starting to overextended itself a little bit, but we have to admit that...
The AUD/USD pair fell during the session on Thursday after forming a beautiful shooting star on Wednesday. However, a lot of the losses pulled back, and as a result it looks like the market wants to continue...
The USD/JPY pair shot straight up during the session on Wednesday as the Federal Reserve looks to expand and extend quantitative easing going forward. This is almost always indicative of a “risk on” type of trading environment,...
The USD/CAD currency pair fell during the session on Wednesday as the Federal Reserve Chairman announced that the central bank would continue to engage and asset purchases, as well as aim for specific employment target in order...
The GBP/USD pair had a bullish session on Wednesday as we attempted to break out above the 1.62 level. However, we did not manage to do so, and it looks like this market could face a little...
The EUR/USD pair shot straight up during the session on Wednesday as the Federal Reserve announced that it was going to continue its quantitative easing policies.
The AUD/USD pair shot straight up during the Wednesday session as the Federal Reserve announced the expansion of its monetary policy. However, by the end of the day we saw the 1.04 level reject price again, and...
The USD/JPY pair had a slightly bullish session for Tuesday, as we continue to bounce around in the 82.50 region. I currently see the 83 handle as the next resistance area that has to be overcome, and...
The USD/CAD pair attempted to rally during the Tuesday session, but as it did on Monday, the market lurched higher, and then fell. This is the second shooting star in a row that we have formed, and...
