EURAUD was recently in a downtrend before price formed an inverse head and shoulders pattern on its 1-hour time frame. Price has yet to break past the formation’s neckline around the 1.4775 level before confirming the potential...
The USD/JPY pair fell during the course of the day on Friday, forming a somewhat negative candle. I believe that the market will continue to go higher though, so at this point in time I look for...
The USD/CAD pair fell during the course of the session on Friday, but found enough support near the 1.32 level below to turn things back around. With this, it looks as if we are going to continue...
The GBP/USD pair fell a bit during the course of the session on Friday, but then turned back around to form a hammer. Ultimately, I believe that the market will find plenty of resistance above, so quite...
The EUR/USD pair went back and forth during the course of the session on Friday, testing the 1.1150 level. This is a market that seems to be respecting the massive supportive level in this region. I think...
The AUD/USD pair initially tried to rally during the course of the session on Friday, but turned around to form a shooting star. I believe that sooner or later we are going to reach down to the...
The USD/JPY pair rose again during the course of the session on Thursday, and as a result it should go looking for the 105 level. Keep in mind that the market is very sensitive to the jobs...
The USD/CAD pair initially rallied during the course of the session on Thursday, but turned around to form a bit of a shooting star. The shooting star is preceded by a shooting star on the previous day...
The GBP/USD pair broke down during the course of the session on Thursday, slicing through the bottom of the hammer on Wednesday. That being the case, it looks as if the market drives down to the 1.25...
The EUR/USD pair fell rather significantly, and as a result we slammed into the 1.1150 level. A break down below the 1.11 handle would be reason enough to expect this market to drift down to the 1.10...
