The USD/JPY pair broke higher during the course of the day on Monday, breaking back above the 120 handle. The market looks as if it wants to go higher, heading towards the 122 level. With this, the...
The USD/CAD pair initially fell during the course of the session on Monday, as we broke the top of the hammer that was formed on Friday. With that, we believe that the market will continue to try...
The GBP/USD pair fell during the course of the day on Monday after initially trying to break back above the top of the previous uptrend line. With this, the market looks very negative at this point in...
The EUR/USD pair fell during the session on Monday as we continue to see quite a bit of volatility in this pair. This of course is due to the fact that the Federal Reserve has confused just...
The AUD/USD pair fell during the course of the day on Monday, rolling over from a shooting star previously. With this, the market should continue to drift lower, perhaps heading down to the 0.70 level, and then...
EURGBP made a break below its short-term consolidation, indicating a buildup in bearish pressure and a potential selloff to the bottom of the longer-term range visible on the 4-hour chart. Price seems to have broken below the...
GBPUSD seems to be starting a new trend on its 1-hour forex chart, as the recent highs and lows can be connected using an ascending channel. Price just bounced off the channel resistance and may make its...
The USD/JPY pair initially fell during the course of the session on Friday, but found enough support below to turn things back around to form a nice-looking hammer. The hammer of course suggests that the buyers are...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.30 level. However, we turned back around and formed a very positive looking candle. With that, it appears of the market should continue...
The GBP/USD pair broke higher during the course of the session on Friday, but turned back around to form a massive shooting star. With this being the case, the uptrend line that had recently kept the market...
