The USD/CAD pair went back and forth on Monday, essentially using the 1.25 level as support. However, when you look at the overall marketplace, you can see that a descending triangle seems to be forming. The descending...
The GBP/USD pair fell during the session on Monday, as we head towards the 1.53 handle. If we can break below this level, the market should then head down to the 1.50 and although it should be...
The EUR/USD pair tried to rally during the course of the day on Monday, but as you can see turned back around to form a shooting star. The shooting star suggests that the market is going to...
The AUD/USD pair went back and forth during the session on Monday, essentially doing nothing. Because of this, we feel that the AUD/USD pair is essentially one that we aren’t interested in, but do recognize that if...
NZDUSD seems to have completed its corrective wave, as price is finding resistance at the 61.8% Fibonacci retracement level on the 4-hour chart. This lines up with a broken support level and is close to the .7600...
The USD/JPY pair tried to rally during the course of the session on Friday, and while we do keep quite a bit of the gains, we are still below the 120 level. The 120 level represents a...
The USD/CAD pair went back and forth during the course of the session on Friday, as we continue to hug the 1.25 handle. Because of this, the market looks as if it is simply going to grind...
The GBP/USD pair fell during the course of the session on Friday, but as you can see found enough support at the 1.54 level to turn things back around and form a hammer. With that, it appears...
EUR/USD pair tried to rally during the course of the session on Friday, but as you can see gave back all of the gains to close just below the 1.12 handle. The resulting candle is a shooting...
The AUD/USD pair tried to break higher during the course of the session on Friday, but as you can see could not hang onto the gains above the 0.78 level. By doing so, it formed a shooting...
