The AUD/USD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday. Because of this, it looks like the markets ready to head to...
EURGBP has been trading in a short-term uptrend for most of the month, as an ascending trend line can be drawn to connect its recent lows. Price has formed a bullish divergence, with stochastic making lower lows...
The USD/JPY pair fell during the course of the session on Wednesday, but found enough support at the 119 level again to turn things back around and form a hammer for the second day in a row....
The USD/CAD pair rose slightly during the session on Wednesday, as the 1.25 level offered a bit of support. If we can break above the top of the hammer from the Tuesday session, we would be buyers...
The GBP/USD pair broke higher during the course of the session on Wednesday, but found the 1.50 level to be far too resistive and turned back around to form a shooting star. If we can break down...
The EUR/USD pair tried to rally during the course of the day on Wednesday, but ran into trouble at the 1.10 level yet again. With that, it looks like the market will sell off again, and a...
The AUD/USD pair initially tried to rally during the course of the session on Wednesday, but fell back down in order to form a relatively negative candle. Because of this, and a break below the shooting star...
EURNZD’s recent downtrend might soon be over, as the pair formed a reversal pattern on its 4-hour chart. The pair has yet to break above the resistance levels around the neckline of the double bottom and the...
The USD/JPY pair fell initially during the course of the session, but found enough support to turn things back around and form a hammer. The top of the hammer touches of the 120 level, and as a...
The USD/CAD pair initially fell during the course of the day on Tuesday, slicing below the 1.25 handle. However, there was enough support below to turn things back around and form a nice-looking hammer. This of course...
