GBPAUD recently broke below a long-term rising trend line, indicating that a selloff is about to take place. Price has since pulled up to this broken support area and looks ready to resume its drop. In addition,...
The USD/JPY pair initially fell during the course of the session on Monday, but found enough support at the 106 level to turn things around and form a nice-looking hammer. If we can break above the top...
The USD/CAD pair initially tried to rally during the course of the Monday session, but turned back around to form a bit of a shooting star. Ultimately, the market looks as if it is going to try...
The GBP/USD pair went back and forth during the course of the day on Monday, but ended up forming a shooting star more than anything else. With this being the case, it looks as if we could...
The EUR/USD pair broke higher during the day on Monday, testing the 1.13 level for resistance. Ultimately, the market has been rather impulsive to the upside previously, so if we can break above the top of the...
The AUD/USD pair rallied during the course of the session on Monday, but turned back around to form a bit of a shooting star. However, I do see quite a bit of noise just below, so I’m...
EURJPY recently made a strong break below support around the 121.50 minor psychological level then dipped close to 119.00. Price seems to be making a pullback from here, offering an opportunity to for sellers to catch the drop...
NZDUSD has been trading inside a long-term rising channel visible on its daily chart. Price is currently testing the resistance and might be due for a selloff towards support. Stochastic is indicating overbought conditions so buyers might...
The USD/JPY pair initially fell during the day on Friday but turned right back around to form a hammer. The hammer of course is a bullish sign, which of course was preceded by a hammer on Thursday...
The USD/CAD pair initially fell during the course of the session on Friday, but turn right back around to form a hammer. The hammer of course is a bullish sign so we could get a bit of...
