The USD/JPY pair rose slightly during the course of the session on Monday, as we continue to meander below the 118.50 level. Ultimately though, a resistive candle between here and there is will we need in order...
The USD/CAD pair had a fairly flat session during the day on Monday, testing the 1.45 level for support. This market is ultimately bullish in general as you can see, and therefore we approach the market from...
The GBP/USD pair initially tried to rally during the course of the session on Monday, but then turned back around to form a shooting star. The shooting star of course signifies that perhaps the downward pressure is...
GBPAUD has been forming lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour forex time frame. Top-tier events from the UK economy this week could determine which direction this pair might break out. ...
The EUR/USD pair initially fell during the day on Monday, but turned back around to form a bit of a hammer. Nonetheless, we are still within the consolidation area that we have been in for some time....
The AUD/USD pair fell during the day on Monday, as we continue to show signs of weakness in the Australian dollar. This is mainly because the Australian dollar is a bit of a proxy for Chinese markets...
AUDUSD suffered yet another sharp selloff towards the end of last week, breaking below a key support area around .6950-.7000. Price dipped to the .6800 levels before showing signs of a potential pullback to the broken support...
The USD/JPY pair fell during the course of the session on Friday, testing the 170 level. By doing so, it looks as if we are ready to start falling again, and if we break below the bottom...
The USD/CAD pair broke higher during the course of the day on Friday, finally clearing the 1.45 handle. This was a target for some time, and as a result we are now above that and it should...
The GBP/USD pair fell rather hard during the course of the on Friday, making a fresh, new low. Because of that, the market looks as if it is ready to go much lower, perhaps heading down to...
