The USD/JPY pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star. Because of this, if we break down below the bottom of the...
The USD/CAD pair initially tried to rally during the course of the day on Thursday, but turn right back around to form a shooting star yet again. We had done the same thing on Wednesday, so looks...
The GBP/USD pair rallied during the course of the session on Thursday, but we are still well within the consolidation area. Quite frankly, I would expect to see some type of exhaustive candle just above in order...
The EUR/USD pair initially fell during the course of the day on Thursday, but turn right back around to form a very bullish candle. Because of this, the market looks as if it is trying to break...
The AUD/USD pair rose slightly during the course of the day on Thursday, breaking above the top of the candle from the Wednesday session. Ultimately, we could rally from here but I think there’s plenty of resistance...
USDCAD has been on a strong rally but seems to be encountering resistance near the 1.3150 minor psychological level, opening the opportunity for a pullback. Applying the Fib tool on the latest swing low and high on...
The USD/JPY pair broke higher during the course of the session here on Wednesday, as we continue to go to the upside. The 105 level above is the longer-term target, and I believe that pullbacks will continue...
The US dollar rose against the Canadian dollar during the day on Wednesday, as the Crude Oil Inventories number came out much more bearish than anticipated. With that being the case, it’s likely that the Canadian dollar...
The British pound had a slightly positive session during the day on Wednesday, as we have bounced just above the 1.30 level. However, I think that this pair will continue to offer selling opportunities going forward. I’m...
The EUR/USD pair initially fell during the course of the session on Wednesday, but turned right back around to form a bit of a hammer. If we can break above the top the hammer, the market should...
