The Australian dollar fell during the day on Tuesday, as we continue to consolidate around the 0.7650 region. At this point in time, I very comfortable sitting on the sidelines as I don’t think there’s much of...
USDJPY seems to be establishing bullish momentum as price started to break above the descending triangle resistance visible on its 4-hour chart. The chart pattern is approximately 700 pips tall so the resulting breakout could be of...
The USD/JPY pair has fallen during the course of the session initially on Monday, but then turn right back around to form a bit of a hammer. The hammer of course is a bullish sign and I...
The USD/CAD pair initially fell during the day on Monday but turned right back around to form a nice-looking hammer. This was mainly due to the fact that the oil markets got a little bit of a...
The GBP/USD pair broke down during the course of the session on Monday, slicing through the 1.2850 level. If we can break down below the bottom of the candle for the session, we should then be able...
The EUR/USD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150...
The AUD/USD pair broke higher during the course of the session on Monday, but gave back more than half of the gains from the early part of the session. With this being the case, the market looks...
GBPJPY has been selling off recently but is currently testing support at the descending triangle pattern visible on its 4-hour chart. Price seems to have found a floor at the 130.00 major psychological level and could be...
NZDUSD has formed lower highs and found support at the .7240 area, creating a descending triangle on its 4-hour time frame. Price seems to have bounced off the triangle resistance and is making a move towards support....
The USD/JPY pair went back and forth during the course of the session on Friday, forming a slightly positive candle. Ultimately, I believe that this market will continue to go higher, but I recognize that there is...
