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...
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...
