The USD/CAD pair initially fell during the course of the day but turned around and bounced enough to form a nice-looking hammer. That of course is a very bullish sign, and as a result it looks as...
The GBP/USD pair initially rallied during the day on Thursday but found enough exhaustion above the 1.48 level to turn and form a nice-looking shooting star. This is a currency pair that will be very sensitive to...
The EUR/USD pair initially broke higher during the course of the day on Thursday as rumors have sent quite a bit of speculation into this market due to the fact that they are essentially saying that the...
The AUD/USD pair broke higher during the course of the day on Thursday, breaking out above a resistance barrier at the 0.75 level. Having said that, we have cleared the top of the consolidation area that we...
NZDUSD has been trending higher on its longer-term time frames but it appears to have hit a major road bump at the top of its ascending channel. The resistance around .7300 appears to have held and price...
The USD/JPY pair fell during the day on Wednesday, testing the 105 level for resistance. That being the case, the market looks as if it is trying to continue to consolidate between the 103 level on the...
The USD/CAD pair initially fell during the day on Wednesday but turned right back around to form a bit of a hammer. The 1.28 level seems to be somewhat supportive, and there is a gap at the...
The GBP/USD pair initially tried to rally during the day on Wednesday, but struggled again at the 1.48 level. It is obvious that the 1.48 level has become a significant resistance barrier, and if we can break...
The AUD/USD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high. However, we are still fighting more of a grind than anything else. Ultimately, this is the market to...
EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support. A test of the channel resistance at 1.1600 could be underway but there’s...
