The GBP/USD pair fell during the course of the session on Monday, testing the 1.52 level. This was the area that had offered so much resistance previously, so the fact that we came back to test it...
The EUR/USD pair initially tried to fall during the course of the day on Monday, but found enough support at the 1.13 level to bounce and form a little bit of a hammer. This suggests that the...
The AUD/USD pair gapped lower at the open on Monday, but then turned back around to rally and form a bit of a shooting star as some of the gains were given back. Ultimately, we feel that...
GBPAUD is testing a major resistance area on its daily chart, as price is hovering around the top of the ascending channel around the 1.9500 major psychological resistance. Stochastic is moving down from the overbought area, indicating...
The USD/JPY pair took off during the session on Friday as the nonfarm payroll number came out much better than anticipated. Because of this, it appears that the US economy continues to expand, and that of course...
The USD/CAD pair fell during the course of the session on Friday, but found enough support near the 1.2350 level to turn things back around and form a nice hammer. That hammer suggests that the buyers are...
The GBP/USD pair fell during the course of the day on Friday, testing the 1.52 handle. That was a place we broke out of on Thursday, so it makes sense that we would retested. However, there isn’t...
The EUR/USD pair fell during the course of the session on Friday, as the nonfarm payroll numbers came out much stronger than anticipated. The 1.15 level of course has offered resistance yet again, and it now appears...
The AUD/USD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star. That being the case it looks like we’re ready...
The USD/JPY pair fell initially during the session on Thursday, but continues to meander around the 117.50 level. Because of this, we feel that the market is just simply waiting for this announcement to make a decision....
