EURAUD has been climbing recently but these rallies could hit a barrier around the top of the descending triangle on its daily time frame. This is located around the 1.5800 major psychological level, with a turn lower...
EURGBP recently made a break below the head and shoulders neckline support then dipped to a low of .7650. Price is showing signs of a pullback from the breakout move, possibly retesting the broken neckline around .7750-.7800. ...
The USD/JPY pair initially tried to rally during the day on Friday but turned back around to form a bit of a shooting star. Because of this, it looks as if the market could pull back from...
The USD/CAD pair rose during the course of the session on Friday, as we continue to see gains in the US dollar. However, there is a bit of a barrier at the 1.32 level, so having said...
The GBP/USD pair broke down below the bottom of the shooting star from the Thursday session during Friday, and as a result we broke down below the 1.45 handle and close towards the bottom of the range....
The EUR/USD pair found support at the 1.12 level, but did not bounce much. This being the case, we will probably try to grind higher but that’s about all we anticipate. We could go as high as...
The AUD/USD pair went back and forth during the day on Friday, as we had formed a supportive looking hammer on Thursday. Because of this, it’s very likely that the markets will find an opportunity to go...
The USD/JPY pair fell slightly during the course of the session on Thursday, breaking below the 110 level. With this being the case, the market looks as if we are struggling a bit at this large number....
The USD/CAD pair rose during the session on Thursday, breaking clear above the 1.30 level. This is an area that has been resistive, and now that we have broken above there, it looks likely that we could...
The GBP/USD pair initially rose during the session on Thursday, but found a lot of resistance above in order to form a shooting star, which is of course a negative sign. The pair looks likely to pullback...
