The GBP/USD pair initially rallied on Wednesday but turned back around yet again in order to form a shooting star. Because of this, we recognize that the market seems to be meandering around the 1.52 level, but...
EUR/USD pair initially tried to rally during the day on Wednesday, but turned back around to form a shooting star. This of course is a very negative sign, and we believe that the EUR/USD pair will continue...
The Australian dollar initially tried to rally during the day on Wednesday but found enough resistance above yet again to turn things around. With this being the case, the market looks as if it is going to...
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological...
The USD/JPY pair initially fell during the course of the day on Tuesday, but turned back around to form a bit of a hammer. The hammer of course suggests that the market is ready to go higher,...
The USD/CAD pair fell initially during the day on Tuesday, but found enough support below to turn things around and form a bit of a hammer. With this being the case, the market looks like it is...
The GBP/USD pair initially fell during the day on Tuesday, but broke back to the upside and above the 1.52 level during the day. Nonetheless, we are still very much in consolidation, so we feel that this...
The EUR/USD pair broke lower during the course of the session on Tuesday, as the Euro continues to soften in general. With this, we believe that the market is ready to go much lower, with our target...
The AUD/USD pair broke higher during the course of the session on Tuesday, but ultimately is still simply consolidating overall. The 0.7150 level above has offered resistance recently, and as a result we believe that it is...
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support at the 1.52 level to turn things back around to form a bit of a hammer. This being the case,...
