The AUD/USD pair broke down significantly during the day on Thursday, forming a very bearish candle. However, there are still plenty of support underneath current trading levels, and extending all the way down to the 0.75 handle....
EURAUD has been trending lower on its daily time frame, moving below a descending trend line connecting the latest highs of price action. Price bounced off a low of 1.3625 and looks ready for a pullback to...
GBPUSD bounced off the resistance at the 1.2650 minor psychological level and broke below the near-term consolidation support at 1.2400, confirming that sellers are taking over. Price is now making its way towards the long-term support at...
The USD/JPY pair fell a bit during the session on Tuesday, reaching towards the 112 level. We have seen a bit of support just below there though, so a bounce could be coming. If we can break...
The USD/CAD pair broke higher on Tuesday as oil markets drifted lower. We now must contend with the 1.33 level above and I think that’s where this pair is going. Short-term pullbacks will be buying opportunities, as...
The GBP/USD pair went back and forth during the day on Tuesday as we continue to test the 1.24 level for support. Recently, we have been consolidating and I think given enough time we will find enough...
The EUR/USD pair initially fell on Tuesday, but found enough support underneath to bounce a bit and reach towards the 50-day exponential moving average. I still think that there’s a lot of resistance just above, so on...
The AUD/USD pair bounced off the 0.7650 level during the session on Tuesday, as we continue to consolidate overall. The market should then reach towards the 0.7740 level, and eventually I think we break above the 0.7750...
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high...
The USD/CAD pair had a slightly positive session on Monday, as the 1.31 level attracted buying pressure. The fact that we formed a hammer on Friday was the first significant sign that we could bounce, and a...
