The USD/JPY fell during the session on Monday, even managing to clear the 100 level which should have been massively supportive. Because of this, this will have a lot of people shaken out of this trade, and...
The USD/CAD pair fell significantly during the session on Monday, crashing through the 1.03 handle again. This area should offer quite a bit of support, and as you can see although the market fell below it, it...
The GBP/USD pair shot straight up during the session on Monday, as the ISM numbers out of United States came in below 50. However, you can see we have given quite a bit of the gains back,...
The EUR/USD pair initially fell during the session on Monday, but as you can see rocketed through the 1.30 level later in the day. That being the case, we have completely cleared resistance that we were worried...
The AUD/USD pair shot straight up during the session on Monday as the ISM numbers out of United States came in below 50, signaling that there could be some contraction in the economy.
USD/JPY kept selling off in the past few trading days as the Nikkei stock index posted sharp declines. This was enough to push USD/JPY back down from the 103.75 area to 99.50.
USD/CAD is one of the best currency pairs to trade in a ranging market environment. The pair is currently moving sideways on its 1-hour time frame, as it found support around 1.0300 and resistance near 1.0400.
The USD/JPY sold off during the session on Friday, but as you can see we closed above the 100 handle. The 100 handle was the top of a significant ascending triangle that sent this market much higher.
The USD/CAD pair rose during the session on Friday, finding the 1.03 level supportive. Looking at this candle, you can see that there was plenty of support for the move during the day, but the 1.04 level...
The GBP/USD pair fell during the balance of the session on Friday, but as you can see bounced enough to form a hammer. Interestingly enough, not only is the daily candle a hammer, but so is the...
