The USD/JPY pair fell during the day on Monday, as we continue to bounce around the 120 handle. There is a larger triangle or wedge pattern if you will, and as a result we believe that this...
The USD/CAD pair broke higher during the course of the day on Monday, testing the upper reaches of the shooting star that had formed the last week. Because of this, looks like the market is ready to...
The GBP/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a shooting star of sorts. This candle is at the very lows that we have made...
The EUR/USD pair initially fell during the course of the session on Monday, but turned back around to show a relatively positive candle. That being the case, the market looks as if it should continue to go...
The AUD/USD pair fell during the course of the day on Monday, breaking back below the 0.70 level. Because of this, it looks like we are going to try to go lower, perhaps heading to the 0.69...
EURUSD could be in for a short-term reversal from its recent selloff, as the pair formed a double bottom pattern on its 1-hour time frame. Price has yet to test and break above the neckline of the...
AUDUSD has been in a strong downtrend lately but it looks like the bearish momentum is fading. Price formed higher lows on the 4-hour chart while stochastic made lower lows, creating a bullish divergence. Stochastic has yet...
The USD/JPY pair initially tried to rally during the course of the session on Friday, but fell back into the previous consolidation area in the form of the triangle. That being the case, we have a market...
The USD/CAD pair went back and forth during the course of the session on Friday, and as a result we ended up forming a fairly neutral candle. However, the market looks like it’s ready to fight the...
The GBP/USD pair fell during the course of the session on Friday, and as a result it looks like the market is ready to break down even farther. If we can break down below the bottom of...
