NZDUSD had previously been moving inside a descending triangle pattern, finding support around .6575 then forming lower highs on its 1-hour chart. Price recently broke past the triangle resistance and zoomed up to the .6725 level before...
The USD/JPY pair went back and forth during the course of the day on Monday, as we continue to hover around the 113 handle. This is a market that we are expecting to see quite a bit...
The USD/CAD pair fell initially during the course of the day on Monday, but found enough support near the 1.3650 level to turn things around and form a somewhat hammer like candle. Ultimately, we do think that...
The GBP/USD pair fell rather hard during the course of the day on Monday, killing very close to the 1.40 level. We did bounce though, so it’s very likely that we are going to get a little...
The EUR/USD pair broke down below the 1.1050 level, but could not break down below the 1.10 handle. That level is will we need to see in order to start selling, so if we can get below...
The AUD/USD pair rose higher during the course of the session on Monday, testing the bottom of the uptrend line that had recently been so supportive. Ultimately, we want to see an exhaustive candle so we can...
USDCAD has formed lower highs on its 1-hour chart and has been finding support at the 1.3650-1.3700 area, creating a descending triangle chart pattern. Price appears to have found resistance at the top of the formation once...
The USD/JPY pair went back and forth on Friday, showing quite a bit of reluctance to make any real move. Ultimately, this is a market that should continue to go lower, but we also recognize that a...
The USD/CAD pair initially tried to rally during the course of the day on Friday but turned back around in order to form a shooting star. Because of this, it does not look like market is ready...
The GBP/USD pair initially fell during the day on Friday but found enough support near the 1.4250 level to turn things around and form a bit of a hammer. At this point in time, it looks like...
