The EUR/USD pair gapped higher at the open on Monday, but as you can see spent the rest of the day pulling back. This however does look like it’s somewhat supportive though, and because of that we...
The AUD/USD pair rose during the session on Monday, but as you can see failed at the 0.93 area in order to form a shooting star for the day. Although having said that, we did gap higher...
USD/JPY is currently treading above the 98.80 area, which is right in line with a former resistance turned support zone. Stochastic is moving up from the oversold region, suggesting a potential bounce.
The USD/JPY pair fell during most of the session on Thursday, but as you can see bounced in order to form a hammer that is situated right around the 99.50 level. Because of this, we think that...
The USD/CAD pair rose during the session on Thursday as you can see, but still looks very weak overall. Because of this, we are not overly confident about buying this pair, and need to see a better...
The GBP/USD pair fell during the session on Thursday, but bounced hard enough off the 1.5750 level in order to form a hammer. This hammer tells us that this market wants to go higher, and as a...
The EUR/USD pair fell during the session on Thursday, but as you can see found enough support at the 1.3250 level in order to bounce and form a hammer. This just solidifies our opinion that this market...
The AUD/USD pair fell hard during the session on Thursday, but found enough support to keep from falling too far. We look at this market has been a bit on the bearish side, for the short term,...
NZD/USD has been trending higher on its 1-hour time frame, thanks to rate hike speculations confirmed by the recent RBNZ meeting. The pair is currently stalling close to the .8100 handle, which might be a good entry...
RBNZ Governor Graeme Wheeler also adopted forward guidance in his latest rate decision in saying that the central bank is looking to increase interest rates by next year. According to him, the recovery in the housing sector...
