The EUR/USD pair initially fell during the session on Thursday, but found enough support to turn things back around and form a hammer. We continue to go back and forth between the 1.14 level on the top,...
The AUD/USD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer. Because of this, it looks like the Australian dollar is getting ready...
GBPUSD is currently stalling at the 1.5500 area of interest once more, which has held as resistance then support in the past. This lines up with the 50% Fibonacci retracement level on the latest swing high and...
The USD/JPY pair broke down significantly during the session on Wednesday, slicing down to the 122.50 handle. However, the market looks as if there is support below, so we are simply going to step on the sidelines...
The USD/CAD pair fell rather hard during the session on Wednesday, testing the 1.220 support level. It found support there, and the market ended up bouncing to form something along the lines of a hammer. Because of...
The GBP/USD pair broke higher and above the 1.55 level during the session on Wednesday, which of course is a very bullish sign. If we can break the top of the range for the day, we feel...
The EUR/USD pair went higher during the session on Wednesday, and then pulled back to form a shooting star. The shooting star is immediately preceded by the Tuesday candle which of course is a hammer, so this...
The AUD/USD pair broke higher during the day on Wednesday, as we slammed into the 0.78 resistance barrier. We didn’t break above it though, so at this point in time we don’t really see much of a...
The USD/JPY pair initially fell during the day on Tuesday, breaking down to the 123.90 level. However, we found enough support in that region again to turn the market back around and form a nice-looking hammer. The...
The USD/CAD pair had a very volatile session on Tuesday, as we continue to bang around just below the 1.24 level. It looks as if the market is probably going to continue to drift a little bit...
