The GBP/USD pair fell during the day on Tuesday initially but found enough support near the 1.24 level to turn things around to form a hammer. It now looks as if we are trying to break above...
The EUR/USD pair fell during the day on Tuesday, reaching towards the 1.05 level, an area that I think should cause quite a bit of support. If we can break down below there though, the market could...
The AUD/USD pair fell on Tuesday, but found enough support near the 0.7650 level to turn things around to form a hammer. The hammer of course is a very bullish sign, and if we can break above...
EURGBP formed a long-term reversal pattern visible on its daily time frame, signaling that price is done with its climb and that a selloff could be due. The pair is still testing the neckline support at .8400-.8450...
The USD/JPY pair rallied a bit during the day on Friday, but the markets were quiet in general. The 112.50 level looks to be the beginning of significant support, and if we can break above the top...
The USD/CAD pair had a volatile session on Monday, as the 1.31 level offered enough resistance to keep the market fairly flat. This makes a lot of sense as US banks were closed for Presidents’ Day, so...
The GBP/USD pair rallied on Monday, slamming towards the 1.25 resistance barrier. If we can break above the 1.2550 level, I think that the market will continue to reach towards the 1.27 level. Pullbacks continue to find...
The EUR/USD pair rallied a bit during the day on Monday, but we remain relatively choppy in this area, so I believe that the 50-day exponential moving average could offer resistance, and push this market back towards...
The AUD/USD pair initially fell on Monday, but found enough bullish pressure at the 0.7650 level to show signs of continuation in the uptrend. The market should then reach towards the 0.7750 level. That area continues to...
GBPUSD formed lower highs and found support at the 1.2400 major psychological level recently, creating a descending triangle chart pattern. Price just bounced off the resistance and is moving closer to testing support. The pair is also...
