The AUD/USD pair initially fell during the day on Friday, but found enough support to turn things back around and form a hammer. We believe that a break above the top the hammer probably sends this market...
The USD/JPY pair initially tried to rally during the course of the day on Thursday, but found a bit of resistance and pulled back to form a shooting star. This of course is a negative sign, but...
The USD/CAD pair fell during the course of the day on Thursday, testing the 1.32 level. With this, we believe that the buyers will enter this market somewhere near here, as we see support all the way...
The GBP/USD pair broke higher during the course of the session on Thursday, but remains very resisted at the 1.550 level. That’s an area that was supportive in the past, and the fact that we pulled back...
The EUR/USD pair initially fell on Thursday, but found support in the same area that we have seen several times. With this, the market looks as if the buyers are in control, but the truth of the...
The AUD/USD pair bounced off of the 0.70 level, as we continue to find quite a bit of consolidation and perhaps support in this general vicinity. However, if we rally in the meantime, we think that is...
The recent downtrend on GBPJPY might soon turn, as the pair formed an inverse head and shoulders reversal pattern on its 1-hour chart. Price is currently testing the neckline around the 186.50 minor psychological level and a...
The USD/JPY pair broke higher during the day on Wednesday, as we continue to consolidate between the 118.50 level and the 122 level. With this, we feel that any pullback at this point in time is probably...
The USD/CAD pair went back and forth during the day on Wednesday as the Bank of Canada had an interest rate announcement. However, we are most certainly in a decent uptrend, and we are only looking to...
The GBP/USD pair fell during the day on Wednesday, as we pulled back from the gains that we have had over the last couple of days. With that, the market looks as if today will be a...
