The USD/CAD pair rallied again during the day on Thursday, breaking above the top of the shooting star from Wednesday. This is a very bullish sign, and it should send this market higher. Pullbacks should have plenty...
The GBP/USD currency pair fell during the day on Thursday, testing the 1.2250 level. This is an area that has been a bit of minor support and resistance in the past, so a bounce from here is...
The EUR/USD pair fell during the Thursday session, testing the 1.05 level for support. It did find a little bit there, so it’s likely that the market will bounce, but I would suggest that the bounces are...
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...
