The AUD/USD pair had a volatile session on Monday, reaching towards the 0.75 level above. This is an area that is resistive, and until we can break above there and it close on a daily chart above...
EURJPY has been trending lower on its daily time frame, moving inside a descending channel formation and currently testing the resistance. Applying the Fib tool on the latest swing high and low also shows that the channel...
EURUSD continues to tread higher, moving inside an ascending channel visible on its 1-hour time frame. Price is just testing the resistance and could be due for a pullback to support before heading further north. The...
The USD/JPY pair went back and forth on Friday, testing the 115 level. This is an area where I think we will see a significant amount of support, but I also believe that the support extends all...
The USD/CAD pair initially fell on Friday, but turned around to form a hammer just as we did on Thursday. If we can break above the top of the hammer from Thursday, I believe that the longer-term...
The GBP/USD pair went back and forth, forming a relatively neutral candle. There is a significant amount of support below though, as the 1.20 level underneath offers a major barrier. A break above the top of the...
The EUR/USD pair initially tried to rally on Friday, but fell just as it did on Thursday, forming a shooting star again. Because of this, I believe that the short-term move to the 1.05 level is more...
The Australian dollar went back and forth during the day on Friday, as we continue to bang up against the 0.75 level. This is an area that will be resistive as it has been in the past,...
The USD/JPY pair broke down during the session on Thursday, slicing through the 115 handle. Although this is a very negative move, the reality is that there are several support barriers below, extending all the way down...
The USD/CAD pair fell hard on Thursday, reaching all the way down towards the 1.30 handle. However, the market turned right back around to form a massive hammer. If we can break above the top of the...
