The GBP/USD pair attempted to rally during the Monday session, but fell off and managed to break down well below the 1.58 level. This is a very bearish sign as the day is closing out the session...
The AUD/USD pair fell during the session on Monday as the 1.04 level has given way. The market appears like it is one seems to accelerate to the downside, but the 1.03 level should provide some type...
The USD/CAD pair fell during the session on Monday, but managed to bounce in order to form a hammer by the end of the trading day. Interestingly enough, the oil markets looked relatively weak on a day...
The EUR/USD pair fell during the Friday session as the 1.25 level was pierced below. The pair has recently reached the top of the channel that’s been trading and, and formed a shooting star on Thursday. This...
The USD/JPY bounced on Friday as the market formed a hammer. This hammer is in the middle of quite a bit of support from 78 to the 78.75 zone, and as such this looks like a good...
The GBP/USD pair fell heavily on Friday as the market retested the 1.58 level for support. Looking at this chart, it is a bit concerning that the pair closed at the absolute lows for the session.
AUD/USD fell during the session on Friday in order to break through an uptrend line. The pair looks extremely vulnerable at this point in time, and in fact of the weekly chart even showed a shooting star....
The USD/CAD pair fell during the session on Friday, but the overall action looks supportive all of the sudden. The 0.99 level looks very supportive at this point, and the weekly chart looks as if it is...
USD/JPY fell during the session on Thursday as the “risk off trade” continued. The pair looks like it is trying to find some type of support in that general vicinity and this of course makes sense as...
The USD/CAD pair rose during the session on Thursday, to test the top of the shooting star that was printed on Wednesday. The “risk off” trade seems to be back into play now, and the commodity currencies...
