Dollar strength is still dominating price action but the move might be overdone on USD/CHF pretty soon. The 4-hour time frame shows that a resistance level is just around the corner and close to the .9400...
The USD/JPY pair rose during the session on Monday, breaking the downtrend line that had been keeping the market lower since the beginning of July. That being the case, it appears that the market is ready to...
The USD/CAD pair did almost nothing during the session on Monday as one would expect. After all, this pair is more heavily traded during North American trading hours, and both the Americans and Canadians were celebrating Labor...
The GBP/USD pair rose during the session on Monday, but as you can see gave back a significant portion of the gains. Nonetheless though, we did trigger by signals as we broke the top of several hammers.
The EUR/USD pair did very little during the session on Monday as you would expect, since the Canadians and Americans were both away for Labor Day celebrations. However, the pair is at an interesting support level, namely...
The AUD/USD pair went straight up during the session on Monday, but as you can see the 0.90 handle offered resistance as predicted. That being the case, we are actually looking for sell signals in this general...
USD/JPY has been consolidating inside a symmetrical triangle for the past few months, as seen on the 4-hour time frame. The pair just made an upside breakout earlier today, as Abe got the approval to increase corporate...
The USD/JPY pair fell initially during the session on Friday, but as you can see bounced enough in order to form a hammer. Because of this, we feel that this market will more than likely continue to...
The USD/CAD pair did absolutely nothing during the session on Friday as we continue to grind sideways around the 1.05 handle. This market is ultimately bullish as far as we can tell, but we need to clear...
The GBP/USD pair has shown yet another supportive candle near the 1.55 handle on Friday. Because of this, we believe that ultimately this pair will continue higher, but at this moment in time we do not have...
