The GBP/USD pair fell during the course of the session on Monday, testing the 1.5350 region. This is an area where the buyers should start to step back in, and therefore we like buying supportive candles on...
The EUR/USD pair fell during the course of the session on Monday, however we still have plenty of support below. It is not until we break down below the 1.13 level that we are comfortable selling, unless...
The AUD/USD pair fell slightly during the session on Monday, as we continue to hang about the 0.7750 region. Nonetheless, the market looks as if it still has plenty of downward pressure in it, so we are...
EURGBP is moving inside a descending channel on its 1-hour time frame, indicating that the pair might be in for more losses. At the moment, price is testing support at the mid-channel area of interest and may...
USDCAD has formed lower highs and found support at the 1.2400 major psychological level, creating a descending triangle chart pattern on its 1-hour forex chart. For now, price is hovering around the formation’s bottom, while stochastic is...
The USD/JPY pair tried to rally on Friday, but struggled as you can see. The market ended up forming a shooting star, which is of course bearish. However, the market is still bullish as far as its...
The USD/CAD pair tried to rally at first during the session on Friday, but failed and formed a negative candle in the end. The market is well-supported just below, and as a result we are buyers on...
The GBP/USD pair fell slightly on Friday, keeping a fairly bullish tone overall. The pair should continue to go higher though, as the 1.55 level should be targeted in general. The market will more than likely find...
The EUR/USD pair fell slightly during the session on Friday, as the market continues to grind away below the 1.15 handle. We look at this is the massive resistance that the market is trying to find its...
The AUD/USD pair fell on Friday, as we continue to consolidate overall. The market looks as if it is still going to be soft in general, and with this we are looking to sell sooner or later....