The USD/JPY pair initially tried to rally during the day on Friday, but continues to find resistance above. However, after the impulsive candle from Thursday, I believe that we will eventually break out to the upside. I’m...
The USD/CAD pair broke down during the day on Friday, slicing through the 1.31 handle. The weekly candle looks a bit soft as well, so I think we are going to reach towards the 1.30 level underneath...
The GBP/USD pair fell during the day on Friday, but found enough support underneath the 1.25 level to form a bit of a hammer. I believe that we are trying to make a stand here in the...
The EUR/USD pair initially fell during the day on Friday, but found enough support to turn around and form a hammer. It is because of this I think we continue to grind back and forth with a...
The AUD/USD pair rallied on Friday, testing the recent highs. I believe that there is a significant amount of resistance above, especially at the 0.7750 level. If we can break above there, the market will continue the...
USDJPY has been trending lower on its 1-hour time frame, moving inside a descending channel since the start of the year. Price is now testing the channel resistance and might be due for a drop back to...
The USD/JPY pair broke higher during the day on Thursday, clearing the 112.50 level. A break above the top of the candle for the session well send this market looking towards the 115 handle. Pullbacks should continue...
The US dollar went back and forth against the Canadian dollar during the Thursday session, testing the 1.31 level for support in finding it. I believe that if we can break above the top of the range...
The British pound went back and forth during the day on Thursday, showing signs of volatility. It looks as the 1.25 level will continue to be supportive, so a break above the top of the candle should...
The EUR/USD pair fell during the day on Thursday, breaking below the 50-day exponential moving average. If we can break below the hammer from the Wednesday session, I believe that the EUR/USD pair will continue to drop...
