The EUR/USD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level. If we can break down below the 1.1150 level,...
The AUD/USD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle. There is quite a bit of support just below though, so ultimately it’s very likely that...
EURUSD has been trending lower on its 4-hour time frame, moving inside a descending channel and currently testing the resistance. If this area keeps gains in check, price could head back to the channel support at the...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but turned around to form a very negative candle. This negative candle looks very much like a market that’s trying to reach...
The USD/CAD pair initially fell during the course of the session on Tuesday, crashing into the 1.30 level below. By doing so, they found quite a bit of buyers and we bounced enough to form a nice-looking...
The GBP/USD pair rose during the course of the session on Tuesday, now looking to reach towards the top of the consolidation area. The 1.35 level continues to be massively resistive above though, so I’m simply waiting...
The EUR/USD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level. While this is a bullish sign, the reality is that it’s not until we get above the previous uptrend...
The AUD/USD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle. After the interest-rate announcement and statement, it appears that the...
GBPUSD was previously consolidating inside a symmetrical triangle pattern on its 1-hour time frame before price decided to go for an upside breakout. This signals that buyers are taking control of price action and are ready to...
The USD/JPY pair did nothing during the day on Monday, as we continue to hover just above the 102 level. With this being the case I think that the market will continue to try to find support...
