The EUR/USD pair initially tried to rally during the day on Friday but turned back around and crashed into the 1.08 level. Because of this, we feel that this market simply isn’t ready to make any serious...
The AUD/USD pair initially rallied during the course of the session on Friday but turned back around and form a perfect shooting star. On top of that, it is right at the 0.70 level, so it is...
The USD/JPY pair fell initially on Thursday, but turned back around to form a somewhat supportive candle. However, we still see a significant amount of resistance at the 118.50 level above, so we are not ready to...
The USD/CAD pair fell rather significantly during the day on Thursday, breaking well below the 1.43 level at one point. We believe that there is still a way to go to the downside, but we also recognize...
The GBP/USD pair initially fell during the day on Thursday, but found enough support near the 1.4050 level to turn things back around and form a significant looking hammer. However, there is quite a bit of bearish...
The EUR/USD pair fell significantly during the course of the day after the ECB Monetary Policy Statement came out. However, the 1.08 level offered enough resistance to cause the market to bounce, and at the time of...
The AUD/USD pair initially fell during the open on Thursday, but then rallied to test the 0.70 level. We still think there is more than enough resistance above to keep this market down though, so we don’t...
USDCAD has been trending higher on its long-term time frames, with the recent selloff offering an opportunity to catch the uptrend. On the 4-hour time frame, an ascending trend line can be drawn to connect the recent...
The USD/JPY pair broke down during the course of the session on Wednesday, testing the 116 handle. This is an area that offered a little bit of a bounce, but quite frankly we see more support down...
The USD/CAD pair fell initially during the day on Wednesday, but found enough support at the 1.45 level to turn things around and form a hammer. We had a Bank of Canada interest-rate announcement and policy statement...
