The USD/CAD pair broke higher on Friday, testing and slicing through the top of the shooting star from Thursday. This is a bullish sign, so I think we will reach towards the previous uptrend lined again, if...
The GBP/USD pair fell initially on Friday but found the 1.25 level to be supportive enough to turn things around. I think the longer-term, the British pound is going to break out to the upside, so I...
The EUR/USD pair tried to rally on Friday but gave back most of the gains to form a shooting star. The shooting star sits on top of the 50-day exponential moving average, so we can break down...
The AUD/USD pair had a volatile session on Friday, forming something a can to a shooting star, but I think that the 0.75 level is going to be massively supportive. If we break down below it, we...
The US dollar rallied against the Japanese yen during the day on Thursday, pressing against the vital 115 handle. This is an area that has been resistive in the past, as well as supportive, so I believe...
The USD/CAD pair initially fell of it during the day on Thursday, but found enough support to turn things around in form a bullish candle. It looks as if the market is trying to make a stand...
The GBP/USD pair initially tried to rally, but turned around to fall during the day. I believe that there is a massive amount of support at the 1.25 handle however, and thus I am willing to buy...
The EUR/USD pair fell significantly on Thursday, as the 1.0750 level offered massive resistance. By breaking down like this, I believe that the market continues to go lower, perhaps reaching towards the 1.05 level underneath. A breakdown...
The Australian dollar had a negative session on Thursday, reaching towards the 0.75 level. This is an area where I suspect we will see quite a bit of support, so a supportive candle is reason enough to...
GBPUSD seems to be tired from its dive, as the pair formed a reversal pattern on its longer-term charts. Price failed in its last two attempts to break below the 1.1975 area, creating a double bottom formation...
