We AUD/USD pair fell slightly during the session on Thursday, but still hasn’t completely wiped out the gains from Tuesday. With that being the case, we feel that there is significant support just below, near the 0.76...
GBPUSD has been trading in a downtrend recently, creating a descending trend line on its 4-hour forex chart. The pair is testing the falling resistance area at the moment, as it lines up with the longer-term exponential...
The USD/JPY pair bounced during the course of the session on Wednesday, as we continue to meander between the 124 level on the bottom, and the 125 level on the top. Because of this, we believe that...
The USD/CAD pair initially rallied during the session on Wednesday, but found enough resistance above the 1.25 level to turn things back around and form a choppy but positive candle. That being the case, the market looks...
The GBP/USD pair broke higher after initially falling during the session on Wednesday. Ultimately, we ended up forming a hammer, which of course is a very positive sign. On top of that, it was at the top...
The EUR/USD pair broke higher after initially pulling back on Wednesday, as it looks like we are ready to head towards the top of the consolidation area. That should have the market heading back to the 1.1450...
The AUD/USD pair went back and forth during the course of the session on Wednesday, showing a bit of indecision. At that point, it looks as if we still have plenty of support below, and as a...
EURCAD recently formed an inverse head and shoulders pattern on its daily time frame, indicating that the pair is already exhausted from its dive. Price just broke past the neckline resistance around the 1.3800 major psychological level...
EURUSD recently pulled up from its sharp dive below the 1.1150 minor psychological level onto the 1.0800 area, creating a corrective wave on its 4-hour forex chart. The Fibonacci retracement tool shows that the 50% level lines...
The USD/JPY pair initially fell during the day on Monday, but turned back around to test the 125 level. Although we did not close above there, the market did close enough to make us believe that we...
