The GBP/USD pair went back and forth during the session on Friday, forming a relatively neutral candle that closed just slightly negative. That being the case, we are still in the middle of two significant areas, and...
The EUR/USD pair rose during the session on Friday, but as you can see really didn’t have a lot of strength to it. In the end, the market has been less than exciting lately, simply consolidating and...
The AUD/USD fell initially during the session on Friday, but as you can see below the 0.90 handle we found enough support to cause the market to bounce and form a hammer.
Despite the rise in oil prices, the Loonie is having trouble pushing past the rising trend line on its daily time frame. As you can see from the chart, the pair has made several tests of this...
The USD/JPY pair did exactly what we asked to do as far as giving is a buy signal, and that was closing well above the 98.50 handle. That being the case, we are bullish of this pair...
The USD/CAD pair rose during the session on Thursday, continuing the rally that we have seen over the last couple of days. In fact, the pair moved above the 1.05 level, which of course is a psychologically...
The GBP/USD pair fell during the session on Thursday, but as you can see bounced a bit in order to form a hammer. However, we don’t like buying this hammer here simply because it is in between...
The EUR/USD pair fell during the balance of the session on Thursday, but as you can see bounced enough in order to form a nice looking hammer just above the 1.3350 handle.
The AUD/USD pair rose during the session on Thursday, as you can see bouncing around the 0.90 handle. In the end though, this area did prove to be somewhat supportive, so we think that this market could...
GBP/JPY’s longer-term range is still holding for now, as the pair is having trouble breaking past resistance right below the 154.00 major psychological level. Stochastic has shown a bearish divergence, hinting at a move down south.
