The EUR/USD pair broke higher during the session on Friday initially, clearing the 1.12 level. However, the area offered enough resistance to turn things back around and form a nasty looking shooting star. This is at the...
The AUD/USD pair broke down during the session again on Friday, but did find a little bit of support towards the end of the day. The 0.7850 level looks to be somewhat supportive, but ultimately we think...
The USD/JPY pair initially fell during the course of the session on Thursday, but found support near the 118.50 level yet again. Because of this, it appears that the market is ready to continue going higher, and...
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer in order to fire off by signals. However, we did struggle above the 1.21 handle, so it is...
The GBP/USD pair initially tried to rally during the course of the session on Thursday, but the 1.55 level offered resistance yet again. Because of this, the market ended up forming the second shooting star in a...
The EUR/USD pair had a very volatile session on Thursday, breaking above the 1.12 level but pulling back just slightly. This begins a significant area of noise extending all the way to the 1.15 level, so that...
The AUD/USD pair fell hard during the course of the session on Thursday, breaking the bottom of the shooting star that had formed on Wednesday. This was the perfect place to see this type of candle stick,...
GBPUSD is forming an uptrend on its 1-hour forex chart, as the recent lows can be connected by an ascending trend line. In addition, the long-term exponential moving average has been holding as a dynamic support area...
CADJPY has been steadily climbing on its 1-hour forex chart, reflecting a short-term uptrend for the pair. Price has been treading above the long-term exponential moving average on the same time frame while the short-term EMA is...
The USD/JPY pair went back and forth during the day in a very volatile session as the GDP numbers missed, and the Federal Reserve statement was less dovish than anticipated. With that, the market continues to meander...
