NZDUSD has been trending higher on its daily time frame, moving inside an ascending channel and currently testing support. Price seems to have bounced off the bottom of the channel and is headed back to the top...
EURAUD broke below support at the 1.4550 minor psychological level then dipped to the 1.4400 area before pulling up. Using the Fib tool on the latest swing high and lows shows that the 61.8% retracement level coincides...
The USD/JPY pair initially rallied during the course of the session on Friday, but turned around to form a bit of a shooting star. The 105 level above is massively resistive, so having said that I feel...
The USD/CAD pair fell rather significantly during the day on Friday, breaking down to the 1.31 level below. Ultimately, we have to see whether or not we get a supportive candle, and if we get that, I...
The GBP/USD pair went back and forth during the course of the session on Friday, hovering right around the 1.22 handle. Ultimately, this is a market that I think continues to see negative pressure in, and perhaps...
The EUR/USD pair fell during the session on Friday, slicing through the 1.10 level at one point. It looks as if the market is trying to grind its way lower, and at this point in time any...
The AUD/USD pair broke higher during the course of the day on Friday, clearing the top of the hammer from the Thursday session. That being the case, the market looks as if it is going to go...
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but struggled at the 105 level. The negative candle is of course a sign that we are not quite ready to break...
The US dollar initially tried to rally of the Canadian dollar, but turned gray back around to form a very negative candle. By doing so, we tested the 1.32 level below, and I do believe that sooner...
The GBP/USD pair initially fell during the day on Thursday but turned right back around and form a bit of a hammer. The hammer of course is a bullish sign, but at this point in time there...
