USDCAD recently bounced off the bottom of the descending triangle on its 1-hour forex chart and is making its way to the top. Price could test the resistance near the 1.2600 major psychological level and make its...
NZDUSD is moving inside a rising wedge pattern on its 1-hour forex chart and is currently testing the top of the range. A bearish divergence can be seen, as price made higher highs while stochastic had lower...
The USD/JPY pair broke higher during the session on Tuesday, breaking above the 119 level. Ultimately, this market looks as if it is ready to go higher and as a result we are buyers. We believe that...
The USD/CAD pair fell during the session on Tuesday, testing the 1.24 level for support. It did in fact find support there though, and as a result we formed a little bit of a hammer. The hammer...
The GBP/USD pair fell initially during the course of the day on Tuesday, but found enough support near the 1.53 level to turn things back around and form a bit of a hammer. This of course is...
The EUR/USD pair went back and forth on Tuesday, ultimately hugging the 1.14 level yet again. We believe that this market is essentially going sideways and below the 1.15 level overall as the Euro continues to have...
The AUD/USD pair rose during the course of the session on Tuesday, but still remains within the consolidation area that it has been in for some time. Because of this, we feel that this market is still...
EURUSD has been forming lower highs and higher lows, creating a triangle pattern on its 1-hour forex time frame. At the moment, price is testing the top of the consolidation pattern and may be due for a...
The USD/JPY pair went back and forth during the course of the session on Monday, as the market finds support near the 118 handle. With that, the market should continue to go higher given enough time, but...
The USD/CAD pair broke higher during the course of the session on Monday, testing the 1.25 handle. If we can break above that level, the market should continue to go higher, as the bullish trend should continue...
