EURAUD has been trending lower and has recently broken below support around the 1.3800-1.3850 area. Price has dipped to 1.3725 before showing signs of a correction, and applying the Fib tool on the swing high and low...
The USD/JPY pair initially rallied on Wednesday, testing the 115 level where it met quite a bit of resistance. We did pull back, but on short-term charts it looks as if the buyers are still very active....
The USD/CAD pair initially tried to rally during the day on Wednesday, but found the 1.31 level to be a bit too resistive. We turned around, and I believe this signifies that we’re going to bounce around...
The GBP/USD pair initially fell during the day on Wednesday, but turned around to form a hammer. The hammer of course is a bullish sign, and I believe that the hammer gives us an opportunity to buy...
The EUR/USD pair fell initially during the day on Wednesday, but found enough support of the 1.05 level to bounce and form a hammer. This of course is a bullish sign and I think that the market...
The AUD/USD pair initially fell on Wednesday, but found enough support to turn things around and break out to a fresh, new high. Because of this, I think we’re going to try to reach towards the 0.7750...
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price is currently testing the resistance at the .7700 major psychological level and might be due for a...
AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame. Price could find resistance near .7700 and...
GBPJPY has formed lower highs and higher lows, creating a symmetrical triangle pattern visible on its 4-hour time frame. Price is getting ready to test the resistance around the 142.50 minor psychological level and could be due...
NZDUSD recently broke past a descending trend line visible on its 4-hour and daily time frames, signaling that an uptrend is due. Price zoomed past the .7300 mark before showing signs of a correction, and applying the...
