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...
USDJPY recently broke above its descending channel visible on the 1-hour time frame, indicating that it’s done with its downtrend. Price climbed up to a high of 115.00 before pulling back and applying the Fib tool on...
The USD/JPY pair fell during the day on Friday, testing the 112.50 level for support. However, I think there’s enough support just below that eventually this market will bounce and reach towards the 115 handle. I think...
The USD/CAD pair broke above the top of the hammer from the Thursday session during Friday, attempting to break out to the upside. If we can break above the top of the range for the Friday session,...
The GBP/USD pair fell during the day on Friday, but found enough support at the 1.24 level to turn things around and show signs of life. The 1.24 level should be supportive, and as a result this...
The EUR/USD pair fell during the Friday session, as the 50-day exponential moving average offered dynamic resistance. However, the weekly candle is a hammer, which is bullish. Because of this, I think the thing that we are...
The AUD/USD pair initially tried to rally on Friday, but then dropped down to the 0.7650 region. I think their significant support at the 0.76 handle underneath, so I’m waiting to see whether or not the market...
The USD/JPY pair fell a bit during the day on Thursday, clearing the bottom of the shooting star from Wednesday. This of course is a negative sign but I think there’s plenty of support just below and...
