The AUD/USD pair broke down below the bottom of the shooting star from the Monday session during the Tuesday trading hours. It looks as if we are going to reach down to the 0.75 level below, and...
EURAUD has been selling off recently but could be due for a bounce as price is nearing the bottom of the range on its 1-hour time frame. If the bottom of the range at the 1.4550 minor...
The USD/JPY pair initially fell during the day on Monday, but then turned around to reach towards the 103.75 region. I do believe that eventually we will continue to go higher, and perhaps reach towards the 105...
The USD/CAD pair initially tried to rally during the day on Monday, but then fell rather significantly as Vladimir Putin suggested that Russia may cut back production of petroleum going forward to help OPEC. However, we still...
The GBP/USD pair did very little during the day on Monday as we continue to simply meander just below the 1.24 level. Ultimately, I believe that this market will have to make some type of move, but...
The EUR/USD pair fell significantly during the course of the session on Monday, crashing into the 1.1150 level. I believe that there is a significant amount of support just below there, so it is going to take...
The AUD/USD pair went back and forth on Monday, showing quite a bit of volatility as the market really doesn’t have much in the way of directionality at this point. I do think that eventually we have...
USDCAD has formed higher lows and higher highs, creating a rising wedge formation visible on its 4-hour chart. Price is currently testing the wedge support at 1.3185 and could be due for a breakout soon. If support...
EURAUD was recently in a downtrend before price formed an inverse head and shoulders pattern on its 1-hour time frame. Price has yet to break past the formation’s neckline around the 1.4775 level before confirming the potential...
The USD/JPY pair fell during the course of the day on Friday, forming a somewhat negative candle. I believe that the market will continue to go higher though, so at this point in time I look for...
