USDCAD failed in its recent attempts to break past the 1.3250 minor psychological resistance and is moving closer to testing support at the 1.3000 mark. This could complete the formation of a double top pattern, with a...
The USD/JPY pair went back and forth during the course of the session on Tuesday, ultimately forming a fairly neutral candle. The neutral candle is only neutral because we are sitting on top of the 100 level...
The USD/CAD pair went back and forth during the course of the session on Tuesday, bouncing around the 1.32 level. Now that we have broken above to a fresh, new high at one point during the session,...
The British pound initially fell during the day on Tuesday, but found enough support below to turn things around and shoot the market much higher. Ultimately, I believe that we will continue to go higher, but only...
The EUR/USD pair fell slightly during the course of the session on Tuesday, and as a result it looks as if we are ready to continue to go lower at this point in time. The real support...
The AUD/USD pair had a slightly positive session during the day on Tuesday, breaking above the 0.77 level for the briefest of moments. I believe that the market breaking above the top of the range during the...
EURUSD has formed lower highs and found support at the 1.1130 area, creating a descending triangle formation on its 4-hour chart. Price is currently testing the triangle resistance and might be due for a drop back towards...
The USD/JPY pair fell slightly during the course of the day on Monday, as we continue to hover above the 100 level. I believe that the 100 level will be very influential in this market, as the...
The USD/CAD pair initially rallied during the course of the session on Monday, but turn right back around to form a shooting star. The shooting star testing the 1.32 level of course is a sign that we...
The GBP/USD pair initially fell during the course of the session on Monday, but turn right back around to form a bit of a hammer. The hammer of course is very bullish, and as a result it...
