GBPUSD has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame. Price has just bounced off the top of the triangle and might be ready for a test of support. ...
The USD/JPY pair initially tried to rally during the day on Tuesday but turned around form a shooting star. This of course is a negative sign, and we have recently had a bit of a meltdown in...
The USD/CAD pair initially fell during the course of the session on Tuesday, but bounced enough to form a bit of a hammer. The hammer been broken to the upside would be a bullish sign and we...
The GBP/USD pair rallied during the day on Tuesday, but gave up about half of the gains. With this being the case, the market looks like it is going to continue to be volatile and you have...
The EUR/USD pair failed to move again during the day on Tuesday, as we are simply grinding sideways. We had a very impulsive move on Friday, but since then haven’t done much. It appears the market is...
The AUD/USD pair broke higher during the day on Tuesday, as we have cleared the 0.74 level. At this point in time, it looks as if the market is ready to go much higher and challenge the...
EURUSD had a strong rally recently but price is currently stuck in a tight consolidation pattern. This appears to be a bullish flag, which is considered a continuation signal. A break past the resistance at the 1.1385...
The USD/JPY pair rose during the day on Monday, bouncing off of the bottom of the massive candle to the downside that formed on Friday. That being the case, I feel that this market will probably continue...
The USD/CAD pair fell significantly during the course of the day on Monday, as the 1.2850 level below is massively supportive. Pay attention to what we see next, but oil markets will have a great influence in...
The GBP/USD pair gapped lower at the open on Monday in reaction to the most recent polls coming out of the United Kingdom as far as they need in the European Union is concerned. That being the...
