The GBP/USD pair initially tried to rally during the session on Wednesday, but was met with selling at the 1.59 level. The candle is bearish, and we are breaking the lows of the previous session which of...
The EUR/USD pair shot straight up during the session on Wednesday, but gave up quite a bit of its gains in order to form something that looks quite a bit like a shooting star.
The AUD/USD pair fell precipitously during the Wednesday session as we continue to bounce around the 1.04 level. The markets took a serious “risk off” attitude during the session on Wednesday, and as usual the Australian dollar...
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/CAD pair broke higher during the Tuesday session as the parity level continues older support. We believe that this market is trying to grind higher, and a break above the 1.0050 handle has as buying this...
The GBP/USD pair initially tried to rally during the Tuesday session, but was beat back at the 1.59 level. The resulting action caused a shooting star to form for the day, and it now looks like we’re...
The EUR/USD pair fell below the 1.2700 level on Tuesday, but did get a bounce in order to pop back above it. Currently, we are flirting around with that handle, and have formed what looks a lot...
The AUD/USD pair fell during the session on Tuesday as we retested the 1.04 level for support. It did hold, and we bounced in order to form a hammer. However, we are still below the Wednesday shooting...
The USD/JPY pair did very little during the session on Monday as we continue to bounce around in the 79.50 level. The hammer that was formed on Friday still has is thinking that this pair will bounce...
