The EUR/USD pair rose during the session after initially falling on Wednesday, bouncing off the 1.35 handle again. The market actually broke above the top of the shooting star for the Tuesday session, which of course shows...
The AUD/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a hammer. We believe this is a signal of where the market “wants” to go, but...
On Friday we are supposed to receive the September NFP report unless the release will be delayed due to the first US government shutdown in 17 years. It really will not impact the figure itself and in...
GBP/USD was rejected at the 1.6250 minor psychological resistance yesterday, as pound bulls need to gather more energy before pushing this pair higher.
The USD/JPY pair fell during the session on Tuesday, but as you can see respected the bottom part of the triangle that we have been talking about the last couple of sessions. Because of this, we feel...
The USD/CAD pair fell during the bulk of the session on Tuesday, but as you can see found enough support near the 1.03 handle in order to bounce and form a nice looking hammer. This hammer of...
The GBP/USD pair attempted to rally during the session on Tuesday, but as you can see had formed a shooting star at the 1.62 handle as resistance be too strong for the buyers seemed too strong for...
The EUR/USD pair tried to rally during the session on Tuesday, but as you can see gave up all of the gains in order to form a wicked shooting star that signals we aren’t quite ready to...
The AUD/USD pair rose during the session on Tuesday, fulfilling the idea that a break of the shooting star from the Monday session would be a very positive sign. We believe that the market is now heading...
USD/JPY has been trading inside a rising channel for quite some time but the range broke earlier this week. This suggests that a downtrend might be in the works, possibly after a quick retest of the broken...
