AUDUSD is starting to trend lower, forming a descending channel pattern on its 4-hour time frame. Price is currently testing the resistance near the .7650 minor psychological level and could be due to resume its drop to...
The USD/JPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle. At the Queen a pullback from here, but at this point in time the 100 level...
The bestseller rallied against the Canadian dollar during the day on Friday, breaking above the top of the hammer from the Thursday session. By doing so, we started to reach towards the 1.32 level above, which I...
The British pound fell during the day on Friday, breaking below the 1.30 level at one point. I still believe that we will probably continue to go lower, perhaps reaching towards the 1.2850 level below. The negative...
The EUR/USD pair initially fell during the course of the session on Friday, but turn right back around to slam into the 1.1250 level above. With this, the market looks likely to find quite a bit of...
The AUD/USD pair fell slightly during the course of the session on Friday, breaking the bottom of the shooting star from Thursday. This of course is a fairly negative sign, and as a result I think that...
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support near the 100 level to turn things back around and reach towards the 101 level. I think we will eventually...
Be USD/CAD pair broke down during the course of the session on Thursday, touching the 1.30 level. However, that area offered quite a bit of support, and therefore the large, round, psychologically significant number gives us a...
The GBP/USD pair rallied during the course of the session on Thursday, breaking well above the 1.30 level. However, the market is still very negative overall so I am simply waiting for some type of exhaustion candle...
The EUR/USD pair rallied during the course of the session on Thursday, reaching towards the 1.1250 level. However, this area does cause a bit of resistance going forward, and we did get back quite a bit of...
