The AUD/USD pair fell during the course of the session on Thursday, wiping out all of the gains that had been achieved during the Wednesday session. With that being the case, looks like we are ready to...
NZDUSD seems to be starting an uptrend on its short-term time frames, as the pair is creating an ascending trend channel on its 1-hour chart. The short-term moving average has just crossed above the long-term moving average,...
The USD/JPY pair fell hard during the course of the day on Wednesday as the Federal Reserve announced its monetary policy, suggesting that perhaps they will have to be patient for longer than anticipated about rate increases....
The USD/CAD pair found support at the 1.25 level, but only after smashing through it at one point. In fact, the market broke down significantly and as a result it looks like we are going to continue...
The GBP/USD pair broke higher during the course of the session after initially falling on Wednesday, as we sliced through the 1.50 level. In fact, the surge was massive and as a result we anticipate quite a...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 1.10 level after the Federal Reserve suggested that perhaps the interest rates in the United States will remain low for a longer...
AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.79 level. However, we found enough resistance in that general vicinity to withstand the bullish pressure. Alternately, if we get some type of...
GBPUSD made a strong bounce during the FOMC statement, as dollar bulls were disappointed to find out that the Fed lowered their growth and inflation forecasts. Although the statement no longer contained the “patient” wording in discussing...
The USD/JPY pair went back and forth during the day on Tuesday, essentially forming a hammer yet again. Because of this, the market looks as if it is completely supported below, probably finding a bit of a...
The USD/CAD pair fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer. This is the second hammer in a row, so we do believe that the...
