The USD/JPY pair initially rallied on Monday, but turned around to form a shooting star. The shooting star suggests that we are in a pullback, but I think there is plenty of support below to keep me...
The USD/CAD pair gapped slightly lower at the open on Monday, hanging about the previous uptrend line. Because of the Canadian dollar did not rally as drastically as the oil markets did, I am a bit suspicious...
The GBP/USD pair rallied on Monday, as the US dollar softened a bit overall. The 1.27 level above could be resistive yet again, but I think the real massive “ceiling” in this market is closer to the...
The EUR/USD pair rallied on Monday, as we continue to find the 1.05 level supportive. However, I think it’s only a matter time before the exhaustion comes back into play, and we can start selling yet again....
The AUD/USD pair rallied on Monday, testing the 0.75 level above as resistance. This is a market that looks likely to test this area, and if we can break above there and close above and on a...
USDJPY appears to be stalling from its recent rallies as price is approaching a long-term area of interest visible on the daily and weekly charts. Price previously broke below support at the 116.00 major psychological level, which...
NZDUSD is trending higher on its 1-hour time frame, moving inside a rising channel connecting the latest highs and lows of price action. Price is currently testing the channel support, which lines up with a former short-term...
The EUR/USD pair fell slightly during the course of the session on Friday, as we continue to reach towards the 1.05 level. That’s an area that should be rather supportive though, but I think sooner or later...
The AUD/USD pair trying to rally on Friday, but found the 0.75 level above to be far too resistant. The shooting star suggested quite a bit of negativity, and as a result I think that we will...
The USD/JPY pair broke out to the upside during the day, slicing through the 115 handle. This is an impulsive candle, so I think we could continue to go higher, but a pullback from there could be...