The bottom of the long-term range on EURAUD seems to be holding as a floor, with a small double bottom formation materializing. Price is testing the neckline at the 1.4300 major psychological level and a break past...
GBPJPY recently broke past a descending trend line visible on its 4-hour time frame and is showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that the 50% retracement...
USDJPY has been trading sideways recently, bouncing off support at the 112.65 level and resistance at 115.30. Price recently made a test of resistance and seems to be heading back to the bottom of its range again....
The USD/JPY pair broke higher on Friday, as the 115 level came into focus. If we can break above the shooting star from last week, I think that the market will continue to grind towards the 118.50...
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...
