EURJPY is moving inside an ascending channel on its 1-hour chart, indicating that a short-term uptrend is taking place. However, the pair has already reached the top of the channel and may fall from the resistance near...
The USD/JPY pair initially tried to rally during the course of the day on Friday, but found the 120 level to be a far too tough of an opponent to take out. Because of this, we feel...
The USD/CAD pair tried to break higher during the course of the day on Friday, and did manage to close above the 1.20 level. However, we ended up forming a shooting star which of course is a...
The GBP/USD pair tried to rally during the course of the day on Friday, but found the 1.58 level to be a bit too resistive. However, this market does look like it’s going to be bullish overall...
The EUR/USD pair initially fell during the day on Friday, but found enough support below to turn things back around and form a hammer. The hammer of course is a very bullish sign and it is sitting...
The AUD/USD pair fell during the course of the day on Friday, testing the 0.80 level. Ultimately though, we ended up bouncing enough to form a nice-looking hammer and it appears of the market is going to...
AUDUSD recently broke past resistance at the .8000 major psychological level and surged up to a high of .8150. From there, the pair showed signs of retreating from the rally and may be due for a pullback...
The USD/JPY pair fell hard during the day on Wednesday, breaking down to the 119 level. That being the case, the market looks as if it is ready to continue going lower, perhaps heading down to the...
The USD/CAD pair fell significantly during the session on Wednesday, and even broke below the 200 day exponential moving average. Because of this, it now seems as if the market is ready to continue going lower. If...
The GBP/USD pair initially fell during the day on Wednesday, but found enough support to turn things back around and continue to go higher. Because of this, we feel that the pair will continue to go higher...
