AUDUSD has been creating lower highs and making higher lows, forming a symmetrical triangle forex chart pattern on its 1-hour time frame. At the moment, the pair is testing the triangle support near the .7900 major psychological...
The USD/JPY pair went higher during the beginning of the session on Friday, but turned back around to form a bit of a shooting star. However, the market looks as if it is simply grinding away in...
The USD/CAD pair fell during the course of the day on Friday, but found support at the 1.20 level yet again. The market looks rather sideways, but in the weekly timeframe we have a significant amount of...
The GBP/USD pair went back and forth during the course of the day on Friday, testing the 1.55 level. That’s an area that has been resistive previously, and it certainly was on Friday. If we can break...
The EUR/USD pair tried to rally on Friday, but as the Nonfarm Payroll numbers came out, the pair fell back down. The resulting candle is a shooting star, and now is sitting on the 1.12 level. This...
The AUD/USD pair had a positive session on Friday, but found the area around the 0.80 level to be resistive yet again. Because of this, the market looks as if it is going to test this area...
EURUSD could be ready to make another bounce, as the pair is creating an ascending trend line on its 1-hour forex chart. Price just jumped to the 1.1400 handle recently before retreating towards support around the 1.1250...
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a hammer. Does this, the market looks as if it is ready to continue going...
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer that had formed on Wednesday. However, both the United States and Canada have employment numbers coming out today,...
The GBP/USD pair initially fell during the day on Thursday, but found enough support at the 1.52 level to turn things back around and form a hammer. This hammer of course suggests that the market should go...
