EURAUD has been trading sideways recently, moving inside a range between support at the 1.4450 minor psychological level and resistance at the 1.4525 area. Price seems to be on its way to test the top of the...
The USD/JPY pair fell during the course of the session on Wednesday, but at this point in time I believe that there is quite a bit of a “floor” in this market near the 100 level. Because...
The USD/CAD pair fell rather significantly during the course of the session on Wednesday, testing the 1.30 level. This is an area that offers quite a bit of support, so the fact that we bounced from there...
The GBP/USD pair initially tried to rally during the course of the day on Wednesday, but turned around to form a bit of a shooting star. The shooting star of course is a very negative sign, and...
The EUR/USD pair is rallying yet again, as we continue to go back and forth. Having said that though, I still think that there’s a lot of noise above that could cause resistance. With this, it’s likely...
The AUD/USD pair took out during the course of the session on Wednesday, clearing the 0.7675 level. With this being the case, the market should continue to go much higher and if gold markets continue to push...
USDCAD seems to be tired from its uptrend, as a reversal pattern can be seen on its 4-hour time frame. Price is forming a head and shoulders formation and is gearing up to test the neckline at...
The USD/JPY pair initially tried to rally during the day but then turned right back around form a bit of a slightly negative candle. However, I believe that there is more than enough support below to continue...
The USD/CAD pair initially tried to rally during the course of the day on Tuesday, but fell significantly from there. There is still a significant uptrend line just below though, and as a result I feel that...
The GBP/USD pair fell during the course of the day on Tuesday, but found enough support underneath the 1.30 level to turn things around and form a bit of a hammer like candle. There is a massive...