USDCAD has been trending higher and moving inside an ascending channel on its 4-hour time frame. Price is currently testing the resistance and seems to be indicating that a test of support is in order. Stochastic...
The USD/JPY pair had a very neutral candle form for the Friday session after the jobs number came out. It now looks as if the 103 level is going to continue to offer support, so if we...
The USD/CAD pair initially tried to rally on Friday but turned around just below the 1.35 resistance barrier to form a massive shooting star. This is a negative sign, but there are a lot of hammers just...
The GBP/USD pair rallied during the session on Friday, we continue to break out to the upside. However, if think that the market does go higher it’s likely that we will find a significant amount of resistance...
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...
