GBPJPY has been trending lower on the longer-term time frames but it looks like a retracement is in order. Price bounced off the 151.50 minor psychological support and might be due for a pullback to the descending...
GBPUSD has formed a head and shoulders pattern on its 4-hour time frame, suggesting a potential reversal from the previous uptrend. Price is testing the neckline around the 1.4050-1.4100 levels and a break could be enough to...
The USD/JPY pair initially tried to rally during the course of the session on Friday, but turned right back around in order to form a bit of a shooting star. This suggests that we are going to...
The GBP/USD pair rose during the course of the session on Friday, as we continue to see quite a bit of supportive action just below. The 1.40 level looks to be massively supportive, as we have been...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.30 level for support. This is an area that shows quite a bit of support, and it extends all the way down to...
The EUR/USD pair rose slightly during the course of the session on Friday, as we continue to see the market bounce around and go back and forth just below the 1.14 handle. If we can break above...
The AUD/USD pair initially tried to rally during the course of the session on Friday, but turn right back around to form a shooting star. The shooting star is very negative, but we are sitting above a...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to see quite a bit of concern about global markets. Remember, the Japanese yen tends to be a bit of a safety...
The USD/CAD pair initially fell during the course of the day on Thursday, but found the 1.30 level to be supportive yet again as we bounced and formed a bit of a hammer type candle. Ultimately, the...
The GBP/USD pair went back and forth during the course of the day on Thursday, as we continue to see support above the 1.40 level. That being the case, it’s going to be a strong buy signal...
