The GBP/USD pair initially pulled back during the course of the day on Wednesday, but then shot well above the 1.40 level, and even more importantly the top of the shooting star from the Tuesday session. That...
The EUR/USD pair initially fell during the course of the day on Wednesday, but we found enough support just above the 1.08 level to turn things back around and form a hammer. The hammer of course is...
The AUD/USD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive. Because of this, looks as if we should continue to go higher in the Australian...
GBPUSD has been trending lower on the longer-term time frames and the recent rally offers an opportunity to short on a pullback. A descending trend line can be drawn to connect the latest highs of price action...
The USD/JPY pair broke higher during the course of the day on Tuesday, suggesting that we’re going to try to reach towards the 115 handle. With that being the case, we are simply going to wait to...
The USD/CAD pair fell during the course of the day and sliced well below the 1.35 handle. Because of this, looks at the pair is ready to continue going lower, but we recognize that oil markets will...
The GBP/USD pair initially tried to rally during the course of the day on Tuesday, but as you can see pullback The 1.40 level. That of course is a large, round, psychologically significant number, and an area...
The EUR/USD pair fell initially during the day on Tuesday, but found a little bit of support just above the 1.08 level to turn things around and form a hammer. By doing so, looks like we will...
The AUD/USD pair broke higher during the course of the session on Tuesday, but we still see quite a bit of resistance above that could keep this market somewhat negative. Yes, we’ve been grinding higher for some...
EURJPY has been selling off recently but it seems that a reversal is about to take place. Price formed a double bottom pattern visible on its 1-hour chart, hinting that an uptrend might take place. Price failed...