EURUSD recently broke below a rising trend line on its daily time frame, signaling that the uptrend is over. Price dipped to a low of 1.0925 then showed signs of a pullback. Applying the Fib tool on...
GBP/USD fell slightly during Friday, as we continue to see volatility. At this point in time, we are still within the previous consolidation area, so I don’t see much in the chart but if price can break down...
The USD/JPY pair fell slightly during the course of the session on Friday, but quite frankly there is quite a bit of support just below. On top of that, you have to worry about whether or not...
The AUD/USD rose slightly during the Friday, testing the 0.75 level. However, price did not break above it and there is a shooting star from the previous week to worry about. With that in mind, I think we...
The USD/CAD pair fell significantly during the day but gave back some of the losses before the day was done. At this point in time, it looks that we could drift a little lower but I’m not...
EUR/USD rallied slightly during session on Friday’s session, but found a little bit of trouble at the previous uptrend line as it offers resistance. With this being the case, market will more than likely form a correction...
AUDJPY recently broke below a long-term support area in its sharp dive to a low of 72.40 before pulling back up. Applying the Fib tool on the latest swing high and low shows that this former support...
The USD/JPY pair initially fell during the day on Thursday, but turned back around to form a bit of a hammer. If we break above the top of the hammer, the market more than likely will try...
The USD/CAD pair broke higher during the course of the session on Thursday, slicing through the 1.30 level. However, we have been consolidating in general, and as a result I think it can be difficult to trade...
The GBP/USD pair fell during the course of the session on Thursday, as we continue to go back and forth and try to build up enough downward pressure to continue to go lower. At this point in...
