The AUD/USD pair initially rallied on Thursday, but continues to find the 0.7750 level above massively resistive. Because of this, we did up falling rather significantly and now it looks like we are going to continue to...
GBPJPY has staged a strong rally recently but is currently hitting the ceiling at the top of its descending channel pattern visible on the 4-hour chart. If this area keeps gains in check, price could head back...
The USD/JPY pair initially collapsed during the day on Wednesday in reaction to the surprise presidential election, but as you can see ended up turning around in forming a massive hammer. We are now where we started...
The USD/CAD pair broke higher during the day on Wednesday, as we cleared the 1.35 level at one point. We did get back some of the gains though, so at this point I believe that we will...
The British pound initially rallied during the day Wednesday, but found enough resistance above the 1.25 level to turn things around and form a shooting star. This is a shooting star right at a major resistance barrier,...
The EUR/USD pair initially tried to skyrocket during the day on Wednesday, as we had seen quite a bit of negative reaction initially to the US election of Donald Trump as the 45th president. Ultimately, the market...
The AUD/USD pair initially tried to break out above the 0.775 level on Wednesday, but found enough volatility and more importantly resistance to turn the market back around. The market looks absolutely exhausted though, and as a...
NZDUSD has sold off recently but appears to be approaching a rising trend line that’s just forming on its 1-hour time frame. A bounce off this support area could lead to a test of the previous highs...
The USD/JPY pair broke above the 105 level during the day on Tuesday, as we have a significant amount of resistance above. If we can break above the 105.50 level, that’s a very bullish sign and should...
The US dollar initially tried to rally during the course of the session on Tuesday, but found enough resistance to turn things back around. At this point, we have been very bullish, and I think that it’s...
