NZDUSD has formed lower highs and found support at the .7240 area, creating a descending triangle on its 4-hour time frame. Price seems to have bounced off the triangle resistance and is making a move towards support....
The USD/JPY pair went back and forth during the course of the session on Friday, forming a slightly positive candle. Ultimately, I believe that this market will continue to go higher, but I recognize that there is...
The USD/CAD pair went back and forth during the course of the day on Friday, but ultimately settled on a slightly negative candle. I believe at this point in time we are going to continue to bounce...
The GBP/USD pair went back and forth during the course of the day on Friday, forming a fairly neutral but shooting star like candle. I believe that there is a significant amount of support below, extending all...
The EUR/USD pair fell initially during the course of the session, turning back around to form a hammer as we bounced off of the 1.1150 level. The hammer that we formed suggested that we are ready to...
The AUD/USD pair initially fell on Friday, but turned around to form a hammer like candle. This is a market that continues to bounce around in this general vicinity, and therefore I’m not exactly excited about trading...
The USD/JPY pair rallied during the course of the day on Thursday, testing the 101.75 handle. There is a significant amount of noise just above though, so I feel sooner or later the sellers will probably return....
After a major negative candle during the session on Wednesday, the USD/CAD pair bounced a bit as oil markets calmed down. Ultimately, oil markets are reacting to the possible OPEC output cut, and as a result there...
The GBP/USD pair initially tried to rally during the course of the session on Thursday but then turned around to form a fairly negative candle. I do recognize that there is a bit of support just below,...
The EUR/USD pair initially fell during the course of the day on Thursday, but then turned right back around to form a hammer. This coincides with the hammer from Wednesday, so at this point in time I...
