The USD/CAD pair attempted to rally during the Thursday session, but was beat back at the 0.98 handle in order to show Canadian dollar strength yet again. The shooting star that was formed certainly is telling, and...
The GBP/USD pair rose off of the 1.60 level as the buyers came in and supportive this market like we had suspected they would. This area looks like a good spot to get long of the cable...
The EUR/USD pair looked very strong during the session on Thursday as we popped from the lows. However, we still see quite a bit of noise above, and as such are not overly excited about buying this...
The AUD/USD pair rose during the session to break the top of the shooting star from Wednesday as the Thursday session was absolutely bullish. The 1.02 level has held as support and it now looks like we...
The USD/JPY pair fell during the session on Wednesday, but bounced off of the 78 handle yet again. This area is the center of the larger consolidation area between 77.50 and 79.
The USD/CAD pair shot straight up after initially dipping during the trading day on Wednesday. We paused just above the 0.98 handle, but still see quite a bit of resistance all the way to the 0.9950 level....
The GBP/USD pair fell during the session on Wednesday as it retested the 1.60 level. The encouraging thing is that the level has held, although the candle itself isn’t necessarily a hammer.
The EUR/USD fell on Wednesday in order to fall and test a trend line. We also are right at the 1.2850 level, and this is an area that we have pointed out as a possible selling signal....
AUD/USD had a very back and forth session in order to essentially finish unchanged. We are trading at the bottom of the recent consolidation area, and as such the market does look like it’s trying to set...
The EUR/USD pair fell precipitously from the 1.30 handle on Tuesday in order to test the uptrend line that has been driving this market higher sense the middle of July. This move wasn’t much of a surprise...
