The USD/JPY pair rose during the session on Monday, showing signs of support just below the 77 level. The candle from Friday was a hammer, and shows just how well supported this area could be for the...
GBP/USD fell during the session on Friday after an initial bounce to form a shooting star. The pair looks weak, and rightfully so as the Bank of England continues to hint of further quantitative easing to come.
USD/JPY fell during the Friday session, but managed a bounce to form a hammer at support. The pair looks like it is ready to bounce a bit, but buying isn’t advised. The pair is decidedly bearish, and...
EUR/USD rose during the session on Friday as the pair continues to fight tooth and nail at the 1.35 mark. The resulting candle is a shooting star, so it does show just how much trouble the bulls...
USD/CAD rose during the session on Friday as the pair continues to grind higher just below the 1.03 level. The pair’s has been in consolidation recently, and the oil markets have been pushing it around. The 1.03...
AUD/USD fell during the session on Friday after an initial bounce to form a shooting star. The pair looks weak, and the rallies are all being faded at this point. The parity level should offer some support,...
USD/CHF fell during the session on Friday, but managed a bounce later in the session to print a hammer. This candle is at the top of a run, and looks like it is showing pressure to the...
The AUD/USD pair broke below the parity level on Thursday, and continued its bearish tone overall. The 0.99 level below should be somewhat supportive, and if that area gives way – this pair should fall much, much...
EUR/USD rose back above the 1.35 level on Thursday, only to fall back below it. The resulting candle for the session is a shooting star at the bottom of a down move – always a bad sign...
The GBP/USD pair rose during the Thursday session, although it did manage to fall late in the day. The pair punched through the 1.57 level, only to fall back below it by the end of the day....
