GBPJPY sold off from its ascending triangle resistance once more, making its way down to the bottom of the formation at the 157.00 levels. Price could be due for a bounce or a break, with technical indicators...
The USD/JPY pair initially tried to rally during the day on Tuesday, but just as we did on Monday, we turned right back around form a shooting star. Now that we have 2 consecutive shooting stars in...
The USD/CAD pair initially dipped lower during the day on Tuesday but found the 1.30 level supportive enough to turn things back around and challenge the top of the shooting star for the Monday session. Now that...
The GBP/USD pair initially tried to rally during the day on Tuesday, but found the 1.47 level to be very resistive. On top of that, we received word that the latest poll out of the United Kingdom...
The EUR/USD pair initially tried to rally during the day on Tuesday, but turned right back around to form a shooting star. The shooting star of course is a negative sign, and as a result it looks...
The NZD/USD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday. While this is normally a very bullish sign, there is a significant amount of resistance above at...
EURGBP has been trending lower recently but has just bounced off a descending channel that’s forming on its 4-hour time frame. This could offer a pullback opportunity to the top of the channel near the dynamic resistance...
The USD/JPY pair initially tried to rally during the course of the day on Monday, but found the area near the 111.50 level to be a bit too resistive. The resulting shooting star candle suggests that we...
The USD/CAD pair initially tried to rally during the course of the day on Monday, but with the Americans away at Memorial Day, the reality is that there wouldn’t have been much liquidity in this marketplace as...
The GBP/USD pair initially fell during the course of the session on Monday, but turned gray back around to form a little bit of a hammer. The hammer of course is a very bullish sign, and as...
