EURAUD has been forming higher lows on its 4-hour chart, creating a rising trend line and reflecting an ongoing uptrend. The pair seems to be making a correction from its latest rally and using the Fibonacci retracement...
USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area. Price is now testing resistance at the 38.2% Fibonacci retracement level, which lines up...
The USD/JPY pair went back and forth in a very volatile session on Friday, as the market continues to try to figure out what to do next. We do believe ultimately this pair goes higher though, breaking...
The USD/CAD pair initially tried to rally during the course of the session on Friday, but found the area above to be far too resistive. However, the 1.24 level above is resistance, followed by the 1.25 level...
The GBP/USD pair went back and forth during the course of the session on Friday, testing the 1.550 level for support. Ultimately, we did find support there and as a result the market looks like it’s ready...
The EUR/USD pair initially fell during the course of the session on Friday, but just as we saw on both Thursday and Tuesday, the buyers stepped back into the marketplace and pushed the Euro higher. The market...
The AUD/USD pair fell during the course of the session on Friday, but found enough support below the 0.77 level to turn things back around and form a hammer, just as we did on Thursday. With that,...
The USD/JPY pair initially rallied during the course of the session on Thursday, but fell backwards a little bit to form something along the lines of a shooting star. With that, the market looks like it is...
The USD/CAD pair initially rallied during the session on Thursday, but found the area above to be a bit too resistive, and therefore formed a shooting star. However, we see a bit of support below to keep...
The GBP/USD pair initially fell during the course of the day on Thursday, testing the 1.54 level for support. It did in fact find a down there, and now we are looking at a hammer for the...
