The AUD/USD pair broke down during the course of the session on Tuesday, breaking down below the bottom of the hammer from the Monday session. Ultimately, I believe that the 0.74 level below is essentially what we...
USDJPY has been trending lower on the longer-term time frames but it looks like an upside breakout and reversal might be due. Price is making another test of the descending channel resistance on the daily time frame...
The USD/JPY pair fell during the course of the session on Monday, as currency traders around the world started to buy the Japanese yen as a bit of a safety bid. However, I think that there is...
The USD/CAD pair initially tried to rally during the course of the day on Monday, but turn right back around and form a bit of a shooting star. Ultimately, this is a market that looks likely to...
The GBP/USD pair rose slightly during the course of the session on Monday, as we continue to see quite a bit of volatility. The 1.34 level above looks to be resistive, and it extends all the way...
The EUR/USD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market. The market will continue to see volatility, as we are simply waiting to...
The Australian dollar initially fell during the course of the session on Monday, testing the 0.75 level. However, this large, round, psychologically significant number offers a buying opportunity on a break above the top the hammer, and...
GBPJPY has formed higher lows and lower highs on its 4-hour chart, creating a symmetrical triangle pattern. The pair is just coming off a test of the resistance and might be aiming for the bottom of the...
EURGBP recently broke below its ascending channel support visible on the 4-hour time frame then dipped to a low of .8335. From there, price showed signs of a pullback and applying the Fib tool on the latest...
The USD/JPY pair had a slightly positive session on Friday, as we continue to grind to the upside. With this being the case, it’s very likely that the market will try to reach towards the 104 level,...
