The AUD/USD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market. Given enough time, the market should perhaps even break higher but we also...
GBPUSD has been moving sideways on its 4-hour chart, bouncing off support at the 1.4050 minor psychological mark and finding resistance at the 1.4450 minor psychological level. Price is gearing up for a test of resistance once...
The USD/JPY pair gapped lower at the open on Monday, but turn right back around to fill that gap. Nonetheless, we see quite a bit of resistance all the way to the 110 level, and believe that...
The USD/CAD pair gapped higher at the open on Monday, as word spread that there was no output frees agreement from the oil-producing countries in Qatar over the weekend. That being the case, the market looks as...
The GBP/USD pair initially fell on Monday but turned right back around to form a very positive looking candle. However, we are still very much in consolidation and approaching a resistive area that caused quite a bit...
The EUR/USD pair rose during the day on Monday, as we continue to find buyers in this market. We are broken above the top of the shooting star from Friday, so it does look very bullish, and...
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...
