The AUD/USD pair broke down a bit during the course of the session on Monday, testing the 0.75 level. However, there is a significant amount of support just below, reaching down to the 0.74 handle. With this,...
AUDUSD has been trending higher, thanks to the pickup in risk appetite. Price stalled upon hitting resistance near .7600 and is showing signs of a pullback, possibly to the rising trend line visible on the 4-hour chart. ...
EURGBP might be in for a reversal from its previous uptrend, as a head and shoulders pattern can be seen on its 4-hour chart. Price has yet to test the neckline support at the .7700 handle and...
The USD/JPY pair did almost nothing during the course of the session on Friday as we continue to consolidate overall. With this, the market is probably going to simply sit in this area, so we don’t have...
The USD/CAD pair fell slightly during the course of the session on Friday, as we continue to see bearish pressure in this market. The oil markets have been very strong lately, so that of course has been...
The GBP/USD pair broke higher during the course of the day on Friday, clearing the 1.43 level. Because of this, looks like we’re going to try to grind our way to the 1.45 handle given enough time,...
The EUR/USD pair initially fell during the course of the session on Friday, turning back around to form a bit of a hammer. The hammer of course is a very bullish candle, so if we can break...
The Australian dollar has broken out. We are clearly above the 0.75 level, as we closed almost all the way to the 0.76 level during the day on Friday. More and poorly, we broke above the top...
The USD/JPY pair initially tried to rally during the day on Thursday, but turn right back around to form a fairly negative candle. At the end of the day though, we are still well within the tolerance...
The USD/CAD pair went back and forth during the day on Thursday, as we continue to try to find some type of support in order to rally again. With this being the case, it’s likely that the...
