AUDNZD formed a reversal pattern on its 4-hour chart, hinting that the long-term downtrend might soon turn. Price has already broken past the neckline around the 1.0200 major psychological resistance and seems poised for more gains. The...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support below to turn things back around and form a bit of a hammer. Because of this, the market looks as if it is...
The USD/CAD pair fell slightly during the session on Wednesday, but we continue to consolidate overall. Because of this, the market looks as if it’s simply going to be a place of the dead money. With that,...
The GBP/USD pair rallied during the session on Wednesday, breaking above the 1.50 level. With that, it appears of the market is trying to break out to the upside but we are not buyers until we get...
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above the 1.08 level to turn things back around and form a shooting star. Because of this, it looks...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but found enough resistance above to turn things back around and form a nice-looking shooting star. Because of this, we believe that...
EURNZD has been in a steady downtrend but the pair is starting to make a correction on its 4-hour forex chart. Price has bounced off support at the 1.3900 major psychological level and might pull up to...
A double bottom reversal pattern can clearly be seen on Cable’s 4-hour forex chart, indicating that a long-term rally might take place. Price is currently testing the neckline of the pattern around the 1.5000 major psychological resistance....
The USD/JPY pair rose during the course of the session on Tuesday, plowing into the 120 handle. That level offered a little bit of resistance, but ultimately it’s only a matter time before we break above there...
The USD/CAD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a nice-looking hammer. This hammer suggests that the market could go as...
