The GBP/USD pair initially fell during the day on Thursday but then shot right through the 1.50 level like it wasn’t even there. As we started to close towards the end of the day, we are starting...
The EUR/USD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle. This was in reaction to...
The AUD/USD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar. We are approaching the 0.74 level though, and that is an area that...
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but pulled back at the 123 level as we sell quite a bit of resistance. Ultimately, this market is consolidating and we...
The USD/CAD pair initially fell during the day on Tuesday, but found enough support near the 1.33 level to form a bit of a hammer. This is a market that should have quite a bit of volatility...
The GBP/USD pair went back and forth during the course of the session on Tuesday, showing quite a bit of volatility, yet lack of real direction for the day. Ultimately though, we prefer selling this market so...
The EUR/USD pair rallied during the day on Tuesday, bouncing above the 1.06 handle. However, we think this is simply a bit of a “dead cat bounce” of sorts, and therefore we are waiting for resistant candle...
The AUD/USD pair broke higher during the day on Tuesday, clearing the 0.73 level. This is a market that seems it’s ready to continue going higher, but we need to break above the 0.74 level before we...
GBPJPY could be in for a strong rally, as a reversal pattern can be seen on its 1-hour time frame. Price failed in its last two attempts to break below the 184.00 major psychological support and is...
