The USD/CAD pair had a positive session on Friday as we continue to grind to the upside. Now that we are broken above the uptrend line that previously had given way, it looks as if the market...
The GBP/USD pair initially fell during the session on Friday, but turned around to form a hammer. The hammer of course is a bullish sign, and it looks as if we’re going to reach towards the 1.25...
The EUR/USD pair initially fell on Friday, but found enough support near the 50-day exponential moving average to turn around and formed a hammer. There is a massive amount of resistance at the 1.0750 level, so I...
The AUD/USD pair went back and forth during the day on Friday, as we continue to see support at the 0.75 handle underneath. If we can break down below there, the market will go much lower but...
USDJPY continues to trend lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. Price is currently bouncing off the channel resistance at the 115.50 minor psychological level and could...
The USD/JPY pair broke higher on Thursday, clearing the 115 handle again. This looks as if it is a sign that the market is going to continue to go to the upside, and thus we will reach...
The USD/CAD pair broke out to the upside, slicing through the previous uptrend. The massive green candle suggests that we are going to continue to see quite a bit of volatility. If we can break above the...
The GBP/USD para rallied a bit during the session on Thursday, as we continue to grind sideways overall. At this point, it looks as if the markets are trying to figure out where to go next, but...
The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to show signs of weakness. The 50-day exponential moving average is now looking to offer resistance, this being the case, the market...
The Australian dollar rallied on Thursday, showing that the 0.75 level as support. As we continue to grind back and forth just above the 0.75 level again as we see so much in the way of volatility...
