The AUD/USD pair initially tried to fall during the course of the session on Monday, gapping lower in order to collect more buyers underneath and eventually pushed the market above the 0.77 level in order to show...
USDJPY has bounced off support near the 108.00 major psychological level once more, creating a double bottom formation on the 1-hour time frame. Price is on its way to test the neckline at 109.75 and a break...
USDCAD has been trading inside a descending channel on its 1-hour time frame and has just bounced off support. Another test of the resistance around the 1.3050-1.3100 levels could take place soon. The 100 SMA is below...
The USD/JPY pair initially fell during the course the day on Thursday, but turned back around to form a bit of a hammer. The hammer of course is a bullish sign, and as a result it looks...
The USD/CAD pair went back and forth during the course of the session on Thursday, as we continue to see quite a bit of volatility in this region. This is probably due to the fact that we...
The GBP/USD pair initially fell during the course of the day on Thursday, but turned back around to form a hammer. The hammer of course is a bullish sign, and with that being the case we could...
The EUR/USD pair went back and forth during the course of the session on Thursday, forming a fairly neutral candle. It does look a bit like a market that is trying to find some type of support,...
The AUD/USD pair rose during the course of the day on Thursday, as we continue to try to grind higher. The 0.80 level above is the target for the longer term as far as we can tell,...
The USD/JPY pair rose during the course of the session on Wednesday, as we continue to reach towards the 110 level. The 110 level was previously massively supportive, so it should be massively resistive now. With this,...
The USD/CAD pair rose slightly during the course of the session on Wednesday, but still seems to be hanging about the 1.28 handle. With this being the case, it’s very unlikely that the buyers can come in...
