At this point in time, we believe it’s pretty much a foregone conclusion that the market is going to reach down to the 1.05 handle. However, there isn’t much in the way of room between here and...
The AUD/USD pair rose during the day on Monday, but struggled to make any real gains. Ultimately, this is probably because there is an interest-rate announcement and more importantly a monetary policy statement coming out of Australia...
NZDUSD has been on a selloff but it looks like a reversal may be in order. Price is forming an inverse head and shoulders pattern on its 4-hour time frame, with an upside break of the neckline...
The USD/JPY pair initially fell during the day on Friday, but then turned around to form a bit of a hammer. The 122 level below is massively supportive in our opinion, as we continue to consolidate between...
The USD/CAD pair broke higher during the course of the day on Friday, clearing the top of the candle from both Wednesday and Thursday. Because of this, we feel that the market will eventually break out to...
The GBP/USD pair broke down below the bottom of three separate hammers during the session on Friday, testing the 1.50 level. If we can get below the bottom of the range at the 1.50 level, we feel...
The EUR/USD pair went back and forth during the course of the session on Friday, essentially showing a lack of momentum. The 1.06 level in this area of course is attracting price, but it’s only a matter...
The AUD/USD pair fell during the course of the day on Friday, reaching below the 0.72 handle. We believe it’s only a matter of time before this market pulls back anyways, as the weekly candle is a...
The USD/JPY pair rose slightly during the course of the session on Thursday, but you have to keep in mind that it was a fairly illiquid market as the Thanksgiving holiday was celebrated in the United States....
The USD/CAD pair initially rose during the course of the day on Thursday but turned back around to form a bit of a shooting star. Ultimately, you have to keep in mind that even though today is...
