The EUR/USD pair fell at the beginning of the session on Friday but turned around to form a slightly positive candle. The 1.1150 level above it should be resistance though, so at this point I’m not prepared...
The AUD/USD pair fell on Friday, but turned around to form a relatively supportive looking candle. Ultimately, I see quite a bit of resistance all the way to the 0.7750 level above, so I think that we...
The USD/JPY pair initially fell during the day on Thursday but turned around at the 103 level to form a bit of a hammer. The hammer of course is a bullish sign, and if we can break...
The USD/CAD pair fell slightly during the course of the session on Thursday, but found enough support to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and...
The GBP/USD pair rallied during the session on Thursday, as the Bank of England decided not to add to quantitative easing. With this being the case, I think that we could continue to see a little bit...
The EUR/USD pair had a very volatile session during the day on Thursday, as we slammed into the 100-day exponential moving average. At this point, I recognize that there is a significant amount of resistance all the...
The Australian dollar initially tried to fall during the course of the day on Thursday, but then turned around to bounce and a positive fashion. There is a significant amount of resistance above and extending all the...
GBPUSD is showing signs of a pullback from its selloff, possibly gearing up for a much-needed correction to the broken support around 1.2850-1.2900. Applying the Fib tool on the latest swing high and low on the daily...
The USD/JPY pair fell significantly during the session on Wednesday, as we reach down towards the 103 level. This is an area that should be supportive again, and therefore I’m looking for a supportive candle in order...
The USD/CAD pair went back and forth during the day on Wednesday, as the market looks very exhausted at the moment. However, I would be the first one point out that there is quite a bit of...