AUDUSD has been in a steady downtrend since December last year and has been trading below a descending trend line connecting its recent highs on the 4-hour chart. Price seems to have broken above the trend line...
The USD/JPY pair went back and forth during the course of the session on Monday, as the 120 level offered resistance. However, we believe that ultimately this market will find enough buyers to push this particular market...
The USD/CAD pair initially broke down to the upside during the session on Monday, but turned back around to test the 1.25 handle. This is the beginning of significant support, and we believe that it extends all...
The GBP/USD pair initially fell during the course of the session on Monday, but found enough support at the 1.48 level to turn things back around and form a hammer. Because of this, looks like the British...
The EUR/USD pair initially fell during the session on Monday, but then shot higher later in the day in order to challenge the 1.0950 region. We still see the 1.10 level as resistance, as the market has...
The AUD/USD pair initially fell during the session on Monday, but turned back around and shot much higher. However, there is still much in the way of resistance, extending all the way to at least the 0.80...
NZDUSD has recently formed a double bottom pattern on its 4-hour time frame and seems to be confirming the potential reversal, as price has already broken above the neckline of the chart pattern at the .7600 major...
GBPUSD could be in for a reversal, as a double bottom pattern formed on its 1-hour forex chart. This could be a sign that the recent downtrend is already over as soon as price breaks past the...
The USD/JPY pair initially tried to rally during the course of the session on Friday, but turned back around to fall the way down to the hundred and 20 level. That being the case, the market looks...
The USD/CAD pair initially rallied during the course of the session on Friday, but turned back around to race back down towards the 1.25 handle. However, this is an area that features quite a bit of support,...
