The GBP/USD pair had a strong showing on Monday, as the 1.6050 level got broken to the upside. This shows that the hammer that we formed during the Wednesday session of last week was no fluke and...
The EUR/USD pair rose during the session on Monday as the “risk on” trade was in full effect for most of the trading day. This pair looks ready to aim for the 1.3150 level again, and as...
The AUD/USD pair went back and forth during the session on Monday as the markets try and figure out whether or not the US Congress can come together to find a solution to the “fiscal cliff.” Because...
The USD/JPY pair had a strong showing on Friday, but did pullback from the 82.50 level. Right now though, it must be said that with the Wednesday hammer, it does look like we’re going higher.
The USD/CAD pair did very little during the session on Friday, as we continue to tread water just above the 0.99 handle. The range has been fairly tight over the last several sessions, and it appears that...
The GBP/USD pair had a wild session on Friday as we ended up lower, but after breaking the 1.6050 handle. Nonetheless, we see the 1.60 level is very supportive, mainly based upon the Wednesday candle that was...
The EUR/USD pair rose during the Friday session, but gave back quite a bit of the gains in order to form the second shooting star in a row. These to shooting stars were preceded by a hammer...
The AUD/USD pair went back and forth on Friday as the 1.04 level continues to offer support. We like the look of this pair, but do recognize the fact that it is risk sensitive, and as a...
The USD/JPY pair did very little during the session on Thursday as the markets go back and forth between trying to figure out whether or not the main players in Congress are close to a fiscal deal...
USD/CAD pair did very little on Thursday as the markets continue to try and figure out what is going on with the U.S. Congress and their fiscal cliff talks. With this being said, the 0.99 level looks...
