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...
The EUR/USD pair rose during the course of the day on Thursday, breaking above the top of the shooting star from the Wednesday session. On top of that, we are well above the 1.13 level, so we...
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star. With that being the case, the market looks as if it will...
EURGBP has formed higher lows and found resistance at the .7900 area, creating an ascending triangle pattern on its 4-hour time frame. Price is currently testing the triangle resistance at the moment and an upside breakout seems...
The EUR/USD pair initially tried to rally during the course of the day but found enough resistance above the 1.13 level to turn things around and form a shooting star the shooting star of course is a...