Even though GBPJPY suffered a sharp selloff in the past few weeks, the longer-term uptrend on its daily chart is still intact for now. Price is currently testing the bottom of the rising channel and might be...
EURCHF has been forming lower highs and higher lows, creating a symmetrical triangle pattern o its 1-hour chart. Price has been consolidating tightly and moving closer to the end of the triangle, indicating that a breakout might...
The USD/JPY pair shot higher during the course of the session on Monday, the 120 level offering support. With that being the case, the market looks as if it is ready to reach towards the 121 handle,...
The USD/CAD initially fell during the course of the day on Monday, but found enough support towards the end of the day to bounce a little bit and form a bit of a hammer. The 1.30 level...
The GBP/USD pair initially tried to rally but then turned back around to form a rather negative candle. Ultimately, this is a market that is simply bouncing around an area that is a lot of noise. If...
The EUR/USD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level. This is the area that has been resistive again and again,...
The AUD/USD pair broke higher during the course of the session on Monday, as we continue to see a bit of support. However, the market is most certainly in a downtrend overall, and as a result we...
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting...
The USD/JPY pair fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a massive hammer. On a break above the top of the hammer,...
The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here....
