The GBP/USD pair attempted to continue higher on Thursday, but got old back instead in order to form a hammer. This hammer is essentially anchored at the 1.59 level, and as such it looks like we may...
The EUR/USD pair continued to March higher on Thursday, but gave back about half of the gains in order to close near the 1.2550 level.
The AUD/USD pair initially rose during the Thursday session, but it must be said that it sold off rather drastically by the end of the day. Looking at this chart, it’s easy to see that there is...
The USD/CAD pair rose during the session on Wednesday, but pulled back after the Federal Reserve minutes were released. In that release, it looks as if the Federal Reserve members are ready to ease monetary policy if...
The AUD/USD pair had a fairly bullish session on Wednesday, but did fail to close above the 1.05 level. This level continues to force the pair lower, but there is an up trending line that is below...
The GBP/USD pair had an extremely bullish session today as the 1.58 level finally gave way. We have now broken down, and should see much higher prices. In fact, we are aiming for the 1.63 level and...
The USD/JPY pair had a massive selloff during the session on Wednesday as the Federal Reserve released its minutes from last month’s meeting. The release had shown that several of the members were seriously considering further quantitative...
The EUR/USD pair broke through the 1.25 level on Wednesday after the Federal Reserve released minutes from the July meeting. This suggested that there were several people on the board that were willing to engage in monetary...
The EUR/USD pair had a very bullish session on Tuesday as more signs of hope entered the marketplace. However, hope typically gets squashed by someone in Europe, and we feel it is only a matter of time...
The USD/JPY pair initially had a bullish session on Tuesday, but gave up quite a bit of the gains as the market churned within the 79-80 resistance zone. The area looks ripe for a pullback, and this...
