The AUD/USD pair rose during the session on Tuesday, but failed to crack above the 1.04 level, as we had anticipated. This area will continue to be resistance, as it is the “middle point” of a much...
GBP/USD is moving closer to testing the top of the rising channel on the 1-hour time frame, although the pair seems to be retracing at the moment. Weak U.S. data has been propping up this pair so...
The USD/JPY pair fell during the session on Friday, as you can see on this chart. The fall was significant, and it does appear that the 100 level is going to give us quite a bit of...
The USD/CAD pair fell during the session on Friday, searching for the 1.0150 level. When they got there, it found enough support to stop falling, but it does look like a pair that’s going to grind a...
The GBP/USD pair had another positive session on Friday, touching the 1.55 handle. However, that area continues to be far too resistive, and we do suspect based upon price action back in the middle of February that...
The EUR/USD pair rallied during the session on Friday, reinforcing the idea of the 1.30 support level. However, the candle from Thursday is a big wicked looking shooting star, so simply put – this pair looks confused.
The AUD/USD pair tried to rally during the session on Friday, but as you can see had found far too much resistance at the 1.0340 level yet again. We have formed a shooting star in this general...
The USD/JPY pair fell during the session on Thursday, but as you can see bounced enough to form a stubby little hammer. With that being the case, it looks like we still have upward pressure in this...
The USD/CAD pair fell off a Cliff during the Thursday session, slamming into the 1.02 handle. This market has a long history of doing almost nothing for several sessions in a row, and then suddenly moving like...
GBP/USD had a strong showing on Thursday, as the economic numbers coming out of London suggested that the United Kingdom managed to skirt past a triple dip recession, and as a result the Pound got a bit...