The EUR/USD pair initially tried to rally during the course of the session on Wednesday, testing the 1.10 level, which of course has been resistive over the last several sessions. The shooting star is a very negative...
The AUD/USD pair initially tried to fall during the course of the day on Wednesday but found enough buyers to continue to push this market towards the 0.7750 level, which of course is a larger barrier that...
USDCAD is trending higher on its long-term and short-term charts, moving inside an ascending channel on its 1-hour time frame. Price dipped below the channel support but spiked right back up, indicating that buyers are putting up...
The USD/JPY pair went back and forth during the course of the session on Tuesday, forming a fairly neutral candle. Ultimately, there is a significant amount of support just below, so I don’t have any interest in...
The USD/CAD pair fell initially during the course of the day but then turn right back around to form a bit of a hammer. By doing so, looks as if we are ready to start bouncing from...
The GBP/USD pair rallied during the course of the day on Tuesday, breaking above the 1.23 handle. At this point in time, this is a market that could rally for a while, but I’m waiting to see...
The EUR/USD pair had a negative day again on Tuesday, as we continue to bounce around the 1.10 level below. At this point in time, it appears that we are going to go lower, and therefore I’m...
The AUD/USD pair initially tried to rally during the day on Tuesday, but turn right back around form a bit of a shooting star. The shooting star of course is likely a sign that we have reached...
GBPJPY has been trending lower on its 1-hour time frame, moving below a descending trend line. Price bounced off the 124.75 area and is pulling up to test the trend line once more. Applying the Fib tool...
The USD/JPY pair went back and forth during the course of the day on Monday, as we continue to try to break out to the upside, but the 105 level above is massively resistive. Because of this,...
