The USD/CAD pair had a positive session on Tuesday again, breaking above the 1.0550 handle that we had suggested would be resistive. However, we could not stay above that area, and as a result the market looks...
The GBP/USD pair fell during the session on Tuesday, breaking down to the 1.5150 handle or so, showing that this market is continued selloff and perhaps head towards the 1.50 handle before it’s all said and done.
The EUR/USD pair fell during the session on Tuesday, breaking below the 1.30 handle again. However, the next two days should be relatively quiet in North America as the Americans are celebrating Independence Day, and because of...
The AUD/USD pair fell hard during the session on Tuesday, as we continue to grind around just above the 0.9150 level. This area has been supportive recently, and as a result we feel that the market is...
EUR/USD has tested the 1.3000 major psychological level a few times already, forming a double bottom pattern on its 1-hour time frame. However, the pair has yet to break above the neckline before confirming that a reversal...
The USD/JPY went back and forth during the session on Monday, but remained underneath the 100 level. This candle doesn’t necessarily say much rather than the market wanting to breakout, but simply cannot do so quite yet.
The USD/CAD pair fell during the session on Monday, as the 1.05 level continues to be rather resistive. We don’t look at this is a selling opportunity, rather we believe that this market is simply consolidating for...
The GBP/USD pair went back and forth during the session on Monday, seeing a significant amount of volatility, but in the end closing basically unchanged. This market found a lot of resistance of the 1.5250 level, and...
The EUR/USD pair had a strong showing during the session on Monday, proving the 1.30 level to be supportive yet again. The Friday candle is a shooting star though, so it suggests that we could see resistance...
The AUD/USD pair rose during the session on Monday, bouncing hard off of the lows in order to form a strong looking green candle. However, we are approaching the 0.93 handle, an area that has been a...
