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...
The EUR/USD pair fell during the day on Thursday, as we continue to consolidate overall. We currently believe that the 1.10 level is resistive, and that the resistance probably extends all the way to the 1.11 handle....
The AUD/USD pair went back and forth during the day on Thursday, ultimately settling on a slightly negative candle. Ultimately though, we believe that this market will be greatly influenced by the overall ascending triangle pattern, which...
The USD/JPY pair bounced a little bit during the course of the day on Wednesday, but quite frankly we feel this market is simply sitting still before the holiday. The 120 level below should be supportive, and...
The USD/CAD pair initially tried to rally during the course of the session on Wednesday, but turned back around. That being the case, the market looks as if it is not quite ready to break above the...
