The AUD/USD pair did nothing during the session on Wednesday, as we continue to hang just below the 0.79 level. With that being the case, the market has a significant amount resistance all the way to the...
AUDJPY recently made a strong break past the 93.50 minor psychological resistance then zoomed up to the 94.00 handle. From there, the pair retreated and started to make a forex correction to the Fib levels marked on...
GBPUSD is currently trading in an uptrend, as a rising channel can be drawn on its 1-hour forex chart. At the moment, the pair is approaching the channel resistance while stochastic is indicating that pound bulls are...
The USD/JPY pair initially tried to rally during the session on Monday, but sold off in order to finish basically unchanged. This shows just how tight this market is at the moment, and therefore we are not...
The USD/CAD pair initially tried to rally during the course of the day on Monday, but as you can see pullback to form a shooting star. The shooting star courses negative, and it now looks as if...
The GBP/USD pair initially fell during the session on Monday, but found enough support at the 1.53 level to turn things back around and form a fairly positive candle. Because of this, it looks as if we...
The EUR/USD pair fell during the session on Monday, but found enough support near the 1.13 level to turn things back around and form a hammer. We have been consolidating between the 1.13 level and the 1.15...
The AUD/USD pair fell during the course of the day on Monday, dropping below the 0.78 level at one point during the day. It now appears that we could drop from here and head back towards the...
USDCAD is still stuck inside the descending triangle forex pattern on its 1-hour chart, as price just bounced off the bottom and is now testing the resistance. The top of the triangle at the 1.2600 major psychological...
GBPJPY has been moving sideways recently, bouncing off support near the 182.00 major psychological level and heading towards resistance at the 184.00 major psychological mark. If the top of the range continues to hold as resistance, GBPJPY...
