The AUD/USD pair fell slightly during the course of the day on Monday as we continue to see a lot of interest in the market at the 0.70 level. This area also features the 38.2% Fibonacci retracement...
EURAUD might be done with its recent rallies, as a reversal pattern seems to be forming on its 4-hour time frame. Price is in the middle of completing a head and shoulders formation but has yet to...
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction. Using the...
The USD/JPY pair broke higher during the day on Friday, clearing the 118.50 level. In fact, we went above there and closed at the very top of the range which of course is a very bullish sign....
The USD/JPY pair fell significantly during the course of the session on Friday, as we continue to see bearishness in this market. However, the longer-term trend is most certainly positive, and even though oil markets have rallied,...
The GBP/USD pair rallied during the session on Friday, but did struggle little bit towards the end of the day in order to form a somewhat exhaustive candle. This exhaustive candle suggests that perhaps we could pullback...
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...
