The GBP/USD pair went back and forth during the day on Friday, essentially settling nothing. With that, we feel that the market is probably going to continue to be very flat, as we think the 1.65 level...
The EUR/USD pair broke down during the course of the day on Friday, did bounce a little bit just above the 1.32 level. We believe that this market continues to sell off, but you should use short-term...
The AUD/USD pair broke higher during the session on Friday, but as you can see ran into enough resistance to turn things back around and form a shooting star. The shooting star of course is a negative...
The British Pound has lost a lot of ground over the past few trading weeks as forex traders decided to take profits after a strong rally. The rally in the British Pound which lasted several months was...
USDCHF has recently broken above strong resistance level at the .9100 major psychological mark. Price has rallied close to the .9150 area before retreating, possibly to make a retest of the broken resistance before heading higher. Stochastic...
USDCHF looks poised for more upside, as the pair is breaking above an area of interest and neckline of a reversal pattern on its daily time frame. Stochastic is still moving up, indicating buying momentum. As you...
USDJPY has been moving inside a rising channel on its 4-hour forex time frame, with price gearing up to test the top of the range around the 103.50 minor psychological resistance. Stochastic is already in the overbought...
The GBP/USD pair fell hard during the course of the day on Tuesday as CPI numbers out of the United Kingdom came out much less strong than anticipated. Because of this, the British pound loss strength and...
The EUR/USD pair fell hard during the course of the day on Tuesday, but did not break down below the 1.33 handle, an area that we need to see violated to the downside in order to start...
The AUD/USD pair initially went higher during the course of the day on Tuesday, but ended up falling in forming a relatively negative candle as we pressed against the 0.93 level. We think that the market will...
