AUDCAD seems to be done with its downtrend as a reversal pattern can be seen on its 4-hour forex chart. The pair failed in its recent attempts to break below the 0.9500 major psychological support and could...
The USD/JPY pair fell during the course of the day on Wednesday, breaking the back of the hammer from the Tuesday session. However, we still see significant support just below so we are not ready to start...
The USD/CAD pair finally break out of consolidation during the day on Wednesday, slicing down to the 1.23 handle. Because of this, we feel that the market is then going to head to the 1.20 level, as...
The GBP/USD pair initially fell during the session on Wednesday, but found enough momentum to the upside to break above the 1.48 handle. This of course is a significant breakout in terms of the beginning of the...
The EUR/USD pair initially fell during the course of the day on Wednesday but found enough support near the 1.0550 level to turn things back around for a fairly bullish looking candle. At the end of the...
The AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.77 handle again. The market couldn’t get above there, but it does look very strong as we closed towards the top of...
EURUSD has been selling off since the start of the month but it seems to be making a correction for the past few days. Price has popped up from the 1.0500 area to the 1.0700 levels, which...
USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart. Price is currently testing support at the bottom of the channel near the 119.50 minor...
The USD/JPY pair fell during the course of the session on Tuesday, breaking down below the 120 level. Because of this, looks as if the market is ready to continue dropping a little bit, but there is...
The USD/CAD pair fell hard during the course of the session on Tuesday, breaking below the 1.25 level. With that, the market should continue to find buyers below there, and a supportive candle is reason enough to...
