EURJPY might be done with its recent downtrend, as a short-term reversal pattern formed on its 1-hour time frame. A double bottom can be seen, with price currently testing the neckline of the formation. Moving averages have...
The USD/JPY pair fell during the session initially on Monday, but found enough support underneath to turn things back around and form a hammer. With this, it looks like the USD/JPY pair will continue to go higher....
The USD/CAD pair initially fell during the session on Monday, but found enough support near the 1.2750 level to turn things back around and form a hammer. This shows that we are without a doubt very well...
The GBP/USD pair broke higher during the course of the session on Monday, slicing back above the 1.48 level. That being the case, the market looks as if we are testing the resistance barrier that extends all...
The EUR/USD pair rose during the session on Monday, but then struggled at the 1.06 handle. With that being the case, the market looks as if it’s ready to continue going lower, but we also recognize that...
The AUD/USD pair tried to break out to the upside during the session on Monday, but pullback to form a bit of a shooting star. With that, it looks as if the market is ready to continue...
EURUSD has been treading lower across all time frames but it seems that a short-term reversal might take place. On its 1-hour chart, the pair has formed a double bottom pattern, indicating that the downtrend could turn....
EURAUD broke below the neckline support of its head and shoulders pattern on the daily time frame, indicating that the pair is in for longer-term declines. Price is now 200 pips below the neckline at the 1.4000...
The USD/JPY pair initially fell during the session on Friday, but as you can see bounced just a little bit to form a hammer. This hammer is in exactly impressive, but it does tell us that the...
The USD/CAD pair broke higher during the course of the session on Friday, as we reached to fresh new highs. However, the market did run into a little bit of trouble at the end of the day....
