The GBP/USD pair went back and forth during the course of the day on Tuesday, essentially settling nothing. With that being the case, the markets look like they are going to continue to consolidate overall, with the...
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.10 level to be a bit too resistive. With this, we ended up forming a shooting star we think...
The AUD/USD pair broke higher during the course of the day on Tuesday as the RBA suggested that perhaps rate hikes could be in the future, at least before any type of rate cut. The Reserve Bank...
CADJPY had been trading inside a descending triangle pattern on its 4-hour time frame before the pair made a break below support. This suggests that further losses are likely, possibly triggering a downtrend of around 400 pips...
The USD/JPY pair went back and forth during the course of the session on Monday, essentially settling nothing. With that, we believe that the market ultimately is bullish, but at the end of the day we don’t...
The USD/CAD pair broke higher during the course of the session on Wednesday, breaking above the 1.31 handle handily. We believe that the market will continue to find buyers every time it dips, especially considering that the...
The GBP/USD pair fell again during the session on Monday, but we are essentially just grinding sideways overall. With that being the case, the market looks as if we could see significant consolidation in the short-term, but...
The EUR/USD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level. With this, the market looks like its essentially grinding lower, but there isn’t too much to...
During the session today, we will be hearing from the Reserve Bank of Australia. They are expected to do very little as far as the rates are concerned, but the statement will of course be important. Any...
EURUSD is currently testing the descending triangle resistance and might be due for a move back to the support at the 1.0850 minor psychological level. Stochastic is pointing down, indicating that sellers are in control, while RSI...
