The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...
The GBP/USD pair fell during the session on Tuesday, but did find a bit of support near the 1.54 handle in order to form a neutral candle the looks somewhat like a hammer.
The EUR/USD pair had a negative session on Tuesday as we managed to break back below the 1.31 handle. At the end of the day though, the same area that had proved supportive on Monday showed itself...
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced again in order to form a hammer for the second session in a row. This market looks like it’s ready to bounce,...
CFTC Commitments of Traders (COT) Report 18 June, published 21 June 2013, Technical Analysis. Speculators continued their massive selling of the USD, as they cover their shorts in the euro, pound, SF, the DI and the yen....
The USD/JPY pair fell during the session on Monday, dipping below the 98 handle. The shape of the candle is a bit like a hammer, and as a result it appears that people were willing to step...
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...
The GBP/USD pair had a positive session on Monday as the markets came back to retrace some of the losses that the market had on Friday.
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...