The USD/CAD pair initially fell during the day on Monday, but found enough support near the 1.22 level to turn things back around and form a positive candle. The positive candle suggests that we are going to...
The GBP/USD pair broke out a few sessions ago as we cleared the 1.58 handle. On Monday, we pulled back to find support at that previous resistance barrier, something that you would expect if you use technical...
The EUR/USD pair fell during the day on Monday, but continues to find plenty of support. We believe that ultimately that this market breaks out to the upside but it has to clear the 1.15 level to...
The AUD/USD pair fell during the course of the session on Monday, testing the 0.77 level. This is an area that has been supportive in the past, so it’s not a big surprise if we were to...
EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown. Price is trading below the 1.1300 handle and may be in for around 200 pips...
EURCHF is trending higher on its 4-hour time frame, with price testing support at the bottom of the rising channel around the 1.0400 major psychological level. Stochastic is indicating oversold conditions and is starting to move higher,...
The USD/JPY pair initially rallied during the course of the session on Friday, but turned back around to test the bottom of the hammer that formed on Thursday. Nonetheless, we find yourselves simply consolidating, and it is...
The USD/CAD pair broke higher during the course of the session on Friday, as the market broke above the hammer from the Thursday session. Because of that, we feel that the market will continue to go higher,...
The GBP/USD pair initially fell on Friday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign, and the fact that we broke above the...
The EUR/USD pair fell during the course of the session on Friday, but found support near the 1.13 level to turn things back around and form a hammer. The hammer of course suggests buying, but we do...