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...
The EUR/USD pair fell initially on Thursday, but bounced enough to form a hammer. The pair is at the bottom of a longer-term consolidation area, as the 1.12 level looks important. The market could bounce from here...
The AUD/USD pair initially fell during the course of the day on Thursday but found enough support below the 0.72 level to turn things around and form a hammer. The hammer of course is a very positive...
GBPAUD has been trending higher on the 1-hour time frame, moving above an ascending trend line connecting the latest lows of price action. Profit-taking seems to have taken place around the 2.0350 minor psychological resistance, opening the...
The USD/JPY pair had a positive session on Wednesday, as we continue to reach towards the 110 handle. The 110 handle been broken to the upside would be a rather positive sign, as we would then more...
