The GBP/USD pair attempted to rally during the Tuesday session, but was turned around and form a shooting star sitting directly above the 1.55 support level. This looks rather bearish at this point in time, and this...
The AUD/USD pair fell during the session on Tuesday, as the initial surge through the 1.03 level gave way to the bearish side. The resulting candle was a shooting star, and this suggests that perhaps the Aussie...
USD/CAD had another schizophrenic day during the Tuesday session as we have bounced aggressively sense the end of last week. The 1.0250 level is in sight now, and this was our trigger price to go along of...
The EUR/USD pair fell significantly during the Monday session, after initially gapping lower. Because of the initial move, many traders got involved in the rout look to be set. However, the American traders sold the Dollar and...
The USD/JPY pair bounced off of the 78 handle during the session on Monday in order to form a good looking hammer for the session. This suggests to us that the 78 level will continue to offer...
The GBP/USD pair fell for most of the session on Monday, only to bounce at the very end of trading. The 1.55 level has offered support, and this should really be that surprising as it had been...
The AUD/USD pair fell during the Monday session as the “risk off” trade came back into play. There a lot of concerns out of Europe now, mainly revolving around Spanish principalities and cities. Spanish and Italian bond...
The USD/CAD pair rose sharply during the Monday session as the global risk appetite waned. However, by the end of the day the pair had pullback on much of its gains, and had formed something along the...
EUR/USD pair fell during the Friday session, to test the recent lows at the 1.2150 level. This bearish candle smashed through three hammers and a doji in one sudden move. This suggests to us that the bearish...
The USD/JPY pair fell during the session on Friday as the markets sold off risk in general. The pair looks very weak, but we have to keep in mind that the Bank of Japan is sitting below,...
