The USD/JPY pair has been one that we been following fairly closely over the last several months now. During the session on Wednesday, you can see that the market tried to fall, but found enough support in...
The USD/CAD pair fell during the bulk of the session on Wednesday, but as you can see bounced just a bit too close right around the 1.10 level. This suggests to us that this area is indeed...
The GBP/USD pair rose drastically during the session on Wednesday, breaking above the 1.65 level. That being the case, this market looks like it’s ready to go higher, but we do recognize that there is a bit...
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...
The AUD/USD pair rose during the bulk of the session on Wednesday, but as you can see fell from the 0.9050 handle, forming a shooting star. The shooting star sitting on top of the 0.90 level, and...
Today’s trading session once again was subject to conflicting economic reports. The past six to eight weeks more and more reports show the global economy expanding at a much slower pace than previously expected. Overall traders continue...
AUD/USD made a strong break above a recent resistance level, thanks to reassuring comments from Fed Chairperson Janet Yellen. However, price seems to be stalling around the .9000 major psychological level and might need to make a...
The USD/JPY pair rose during the session on Tuesday, using the 102 level as a springboard. Part of this would’ve been because of the Federal Reserve continuing to taper according to Janet Yellen’s words, and as a...
The USD/CAD pair fell during the session on Tuesday, but remained respectful of the 1.10 level as support. With that, we feel that supportive candles in this general vicinity should be buying opportunities, and as a result...
The GBP/USD pair rose during the session on Tuesday, but found enough resistance of the 1.65 level in order to pull back and give half of the gains back out. The market continues to look bullish, and...
