The GBP/USD pair tried to rally at the open on Thursday, but turned around to form a reasonably exhaustive candle. By doing so, the market looks as if it is going to continue to show quite a...
The EUR/USD pair rallied on Thursday, reaching towards the 1.07 level. This is an area where I expect to see quite a bit of resistance, so we could see selling in this area. If we get an...
The AUD/USD pair rallied during the day on Thursday, testing the 0.75 level. That’s an area that I believe should be rather resistive, so if we can break above the top of the range for the session...
EURAUD continues to trade sideways, moving between support at the 1.4150 minor psychological level and resistance at the 1.4500 mark. Price is currently testing the bottom of the range and could be due for a bounce back...
The USD/JPY pair rallied during the day on Wednesday, turning back around to form a shooting star. However, there is a significant amount of support underneath near the 115 level, so I believe that sooner rather than...
The USD/CAD pair tried to rally on Wednesday again, but again found quite a bit of resistance above. Part of this would’ve been due to the volatility in the oil market, and it now looks as if...
The GBP/USD pair fell on Wednesday, testing the 1.20 level. We found enough support there to turn the market back around but I believe that the downward momentum continues. If we can break below the 1.20 level,...
The EUR/USD pair broke down below the 1.05 level during the day on Wednesday, as it suggests that we are going to continue to go lower. Because of this, the market should then reach down to the...
The AUD/USD pair broke higher on Wednesday, breaking above the top of the Tuesday session showing significant strength again. There is a lot of noise above, extending all the way to the 0.75 level, and we are...
EURJPY had been trading between support at the 121.70 area and resistance at 123.75. Price seems to be breaking below support at the moment and could be gearing up for a longer-term selloff. Note that the range...
