The AUD/USD pair tried to break out during the session on Wednesday, but found the area above the 0.76 level to be far too resistive. Because of this, the market ended up forming a shooting star looks...
EURCHF could be in for a break below its descending triangle pattern, as the ongoing quantitative easing program of the European Central Bank has been weighing on the shared currency. At the moment, the pair is still...
The USD/JPY pair broke down during the session on Tuesday, we trace in all of the gains for Monday. Ultimately though, this market has broken out to the upside in as well above the 120 level. Because...
The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.26 level to turn things back around and form a positive candle. The candle in fact ended up being a hammer,...
The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.26 level to turn things back around and form a positive candle. The candle in fact ended up being a hammer,...
The GBP/USD pair broke down during the session on Tuesday, only to find support just above the 1.50 level again, and bounce. The bounce formed the hammer that you see on the chart now, and as a...
The EUR/USD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that had formed on Monday. Because of this, we ended up going below the 1.07 level, and making fresh, new...
The AUD/USD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above the 0.7650 level to turn things back around and form a shooting star. That shooting star of course...
NZDJPY has been in a downtrend on its 1-hour forex chart, as a descending trend line can be drawn to connect the recent highs. The pair just dipped to the 88.00 major psychological support level and is...
The USD/JPY pair initially fell during the session on Monday, but found enough support to turn things back around and form a nice-looking hammer. The hammer of course suggests that we are going to continue going higher,...
