The EUR/USD pair broke higher during the course of the day on Monday after initially gapping lower. This shows that the market is ignoring the Greek elections for the time being, and that we more than likely...
The AUD/USD pair broke higher during the course of the session on Monday after initially gapping lower, but still has to deal with the 0.80 level above, which was once massively supportive. With that being the case,...
Here are the Top Forex Developments for the trading week between 01/19/15 and 01/23/15: Number One: European Central Bank Interest Rate Announcement & Economic Stimulus As widely expected the ECB left interest rate on hold at 0.05%....
USDJPY’s short-term climb might soon be reversed, as price formed a double top pattern on its 1-hour time frame. The pair made a couple of failed attempts to break past the 118.75 area and found support at...
The USD/JPY pair fell initially during the course of the session on Friday, but remains within the same the consolidation area that we have been in for the entire week. Ultimately, we believe that this pair will...
The USD/CAD pair went back and forth during the course of the session on Friday, struggling to continue going higher as the 1.25 level has offered a bit of resistance. That level needs to be broken above...
The GBP/USD pair went back and forth during the course of the session on Friday, testing the 1.50 level. However, we did form a little bit of a supportive candle, so if we break the top of...
The EUR/USD pair initially fell during the course of the session on Friday, crashing into the 1.11 handle. However, we ended up finding enough support down there to turn things back around and form a hammer, thereby...
The AUD/USD pair fell during the course of the session on Friday, but most importantly broke down below the 0.80 handle. That being the case, it appears the market is ready to continue falling, and perhaps head...
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer for the second day in a row. Ultimately, the market should...
