The USD/CAD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above to turn things back around and form a shooting star. This will be interesting to pay attention to,...
The GBP/USD pair broke down during the course of the day on Tuesday, breaking the bottom of two hammers from previous trading, and as a result the market looks as if it is going to continue going...
The EUR/USD pair rose slightly during the course of the session on Tuesday, as the 1.13 level has offered support. Ultimately, this market should then head to the 1.15 level given enough time. However, we need to...
The AUD/USD pair fell significantly during the course of the session on Tuesday, breaking down to a fresh, new low. However, the 0.70 level below is a large, round, psychologically significant number. Because of this, the market...
EURGBP is still moving inside its range on the 4-hour time frame, currently testing the resistance at the .7400 major psychological level. An upside break might be possible since stochastic is climbing while the 100 SMA just...
NZDJPY is moving sideways on its 1-hour forex chart and might draw support from the bottom of the range around the 76.50 minor psychological level. A bounce off this area could lead to a move back to...
EURGBP has been climbing higher on its 1-hour time frame, recently breaking past the resistance around the .7150 minor psychological mark. From there, the pair zoomed up to the .7400 major psychological resistance before pulling back. Using...
Despite its recent sharp selloff, EURUSD is still on an uptrend on its longer-term time frames. The pair is moving inside a rising channel on its 4-hour chart and may be ready to test the channel support...
GBPCAD is currently making a correction to the broken resistance around the 2.0600 major psychological support, which lines up with the 200 SMA on the 1-hour time frame. The short-term 100 SMA is still above the 200...
GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally. The Fib tool appliced on the swing low and high on the 4-hour chart shows that...
