NZDUSD has slowly been trending higher, moving inside an ascending channel formation on its 4-hour chart. Price just bounced off the channel resistance at the .6950 minor psychological level and is due to test support at .6700-.6750...
The GBP/USD pair fell during the course of the day on Friday, as the nonfarm payroll numbers came out. Nonetheless, we are most certainly in a range anyways, with the 1.45 level above being the ceiling while...
The USD/JPY pair fell during the course of the session on Friday, breaking below the bottom of the 2 hammers from the previous sessions. Because of this, looks like we are to suddenly going to consolidate in...
The EUR/USD pair went back and forth during the day on Friday, eventually settling on a fairly neutral candle. We could pull back from here, but the pullback should only end up being a buying opportunity as...
The USD/CAD pair initially rose during the course of the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star completely contradicts the hammer that we formed during...
The AUD/USD pair initially fell during the course of the session on Friday, but turn right back around to form a bit of a hammer. This was preceded by a couple of shooting stars though, so it...
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel visible on the 1-hour and 4-hour charts. Price is currently testing the top of the channel around the .7700 major psychological level...
The USD/JPY pair went back and forth during the course of the session on Thursday, forming a hammer yet again. We formed on Wednesday another hammer, so it leads us to believe that we will probably bounce...
The USD/CAD pair initially fell during the course of the session on Thursday, but turned back around to form a nice-looking hammer for the session, which of course is very bullish. The 1.30 level is a major...
The GBP/USD pair initially tried to rally, but it did get back about half of the gains from the session on Thursday. With this, it looks as if the market is probably going to continue to bounce...
