The Australian dollar initially rallied during the day on Thursday, but turned around to form a bit of a shooting star. The shooting star is very interesting candle for me, because it shows that the highs are...
EURJPY recently broke below support around the 114.00 major psychological level then dipped close to the 112.00 mark before pulling up. Applying the Fib tool on the latest swing high and low shows that this broken support...
USDJPY suffered a sharp selloff after the BOJ and FOMC policy decisions. Price is now moving close to the bottom of its descending triangle pattern visible on the 4-hour time frame. Another bounce off the 100.00 major...
The USD/JPY pair initially fell during the day but the market turn right back around to form a bit of a hammer. That hammer of course suggests that we are going to see a little bit of...
The USD/CAD pair broke higher during the course of the day on Tuesday, clearing the top of the hammer that had been formed during the Monday session. By doing so, looks as if the market is trying...
The GBP/USD pair fell during the day on Tuesday, breaking below the 1.30 level. Because of this, I believe that we continue to go lower, perhaps reaching towards the 1.2850 level below which I see as the...
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a massive shooting star. The market looks as if it is trying to break down below...
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. With that being the case, the market looks as if...
EURGBP has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and making its way towards the resistance around the .8800 major psychological level. For now, price seems to be pulling back to...
GBPUSD has been trading sideways on its 4-hour time frame, moving between support at the 1.2900 area and resistance at 1.3450. Price is nearing the bottom of the range at the moment and might be due for...
