The USD/JPY pair initially fell during the course of the day on Monday, as fears of Asian problems persisted. After all, Chinese lost 7% during their stock market training day, and that of course would have had...
The USD/CAD pair broke higher during the course of the session on Monday, testing the 1.40 level yet again. This is an area that offers more than enough resistance to keep the market at bay though, so...
The GBP/USD pair initially tried to rally during the day on Monday, but turned back around to form a very negative looking candle. The shooting star at the bottom of a downtrend is of course a very...
The EUR/USD pair had a very volatile Monday, as we initially tried to rally, but turned back around to crash into the 1.08 level, and the 50 day exponential moving average. The 1.08 level has been supportive,...
The AUD/USD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in. With this, we believe that it is only a matter of time before the...
NZDUSD has been trending lower on its weekly time frame, moving below a descending trend line connecting the latest highs of price action. Price is currently testing the downtrend line around the .6800 major psychological level and...
EURGBP is still inside its long-term range visible on the daily time frame and currently testing the resistance around the .7400-.7450 levels. If this area keeps gains in check once more, a move back towards the range...
The USD/JPY pair fell during the course of the day on Thursday, but bounced enough to form a bit of a hammer. Since we are bullish of this pair longer term anyway, we like this hammer and...
The USD/CAD pair initially tried to rally during the day on Thursday but then ended up selling off. Quite frankly, we believe that this market is simply trying to build up enough momentum to break above the...
The GBP/USD pair fell significantly during the course of the day on Thursday, breaking the back of a hammer from the Wednesday session. Because of this, and the fact that we close towards the bottom of the...
