The USD/JPY pair had a slightly positive session on Friday, but as you can see we couldn’t get to the 100 handle. Because of this, we think that this market is going to simply grind sideways for...
The USD/CAD pair had a slightly positive session on Friday, but remains below the 1.04 handle. We had initially been very bullish of this pair, but have to admit that the reason falling of the pair has...
The GBP/USD pair fell during the session on Friday, pulling back some of the bullishness that we had seen over the last two sessions. However, the 1.51 handle isn’t significant enough to have us looking to buy...
The EUR/USD pair fell during the balance of the session on Friday, but as you can see the 1.30 level has offered support yet again. Interestingly enough we have seen two hammers in a row now, and...
The AUD/USD pair fell on Friday, but we still remained above the 0.90 handle. We really need to break down below that area in order to be comfortable shorting at this point, although it must be stated...
The disappointing FOMC meeting minutes triggered a sharp selloff for USD/CAD, pushing it below the 1.0500 handle and down to the 1.0350 area. Stochastic is already in the oversold region, suggesting that a potential bounce could take...
The USD/JPY pair went back and forth during the session on Thursday, essentially ending the day doing nothing. We formed a massively neutral candle, and got nowhere in the end.
The USD/CAD pair fell below the 1.04 level again, and now looks suspiciously weak. This is a pair that has been decidedly resilient lately, and below level I.03 level there is a significant support to keep this...
The GBP/USD pair did rise initially during the session on Thursday, but as you can see rose in order to form something along the lines of a hammer. Nonetheless, we don’t like this pair at this point...
The EUR/USD pair fell during most of Thursday, but as you can see bounced perfectly of the 1.30 level in order to form a hammer for the session. This of course shows that the 1.30 level is...