The AUD/USD pair initially tried to rally during the course of the day on Thursday, but then turned right back around to form a nasty looking shooting star. A break down below the bottom the candle is...
GBPAUD recently broke above a descending trend line on its 4-hour time frame, indicating that price was in for a reversal from the downtrend. However, the pair found resistance at the 1.7700 major psychological mark and has...
The USD/JPY pair initially fell during the course of the session on Wednesday, but bounced off of the 101.50 level to form a bit of a hammer. The hammer of course is a bullish sign, and a...
The USD/CAD pair bounced during the course of the day on Wednesday, showing little bits of life, but at this point in time this is most certainly a very negative market overall, as the 1.30 level above...
The GBP/USD pair fell significantly during the course of the day on Wednesday, as we found quite a bit of resistance in the area of 1.34 above. This of course is an area that has caused quite...
The EUR/USD pair initially tried to rally during the course of the session on Wednesday, but then turn right back around to form a shooting star. The shooting star of course is a negative sign and could...
The Australian dollar had a very neutral candle as we continue to hover around the 0.7650 level. Having said that, I think that pullbacks will eventually bring back buyers, on signs of support. A break above the...
EURAUD failed to break past its double bottom neckline the other week but it still seems to be forming another reversal pattern on the 4-hour time frame. Price is still in the middle of completing its right...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but turn right back around to form a rather negative candle. Ultimately, this is a market that should continue to grind all...
The USD/CAD pair continues to fall, as we see quite a bit of pressure on the us dollar in this pair. However, keep in mind that the Bank of Japan has an interest rate announcement coming out,...
