GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900....
AUDUSD has broken below its mid-range area of interest and is now aiming for the bottom around the .6950 minor psychological level. A test of this support could yield either a bounce or a break, with technical...
The USD/JPY pair broke down to the upside during the course of the day on Friday, breaking above the top of the consolidation area that we have been stuck in for some time now. With the better...
The USD/CAD pair broke out to the upside during the course of the session on Friday, making a fresh, new high. The 1.33 level being tested isn’t a big surprise, but quite frankly we feel that we...
Now that we have the jobs number out of the way on Friday, it appears that this market has decided it is going to go lower. In fact, the British pound not only sliced through the 1.52...
EUR/USD pair broke down during the course of the session on Friday, breaking below the uptrend line that has been keeping the market afloat for some time now. With this, we believe that the Euro should continue...
The AUD/USD pair initially tried to rally during the course the day on Friday but then turned around rapidly and broke apart. This was mainly because the gold markets struggled, collapsing after the better than anticipated jobs...
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but found enough resistance of the 122 level to turn things back around and form a bit of a shooting star. However,...
The USD/CAD pair went back and forth during the course of the day on Thursday, which of course makes a lot of sense as we have the Nonfarm Payroll number coming out of the United States as...
The GBP/USD pair fell significantly during the course of the session on Thursday as the Bank of England developed a somewhat dovish tone. With this, we fell immediately to the 1.52 level, which of course is massively...
