The USD/CAD pair did very little during the session on Thursday, which actually is a good sign considering that it had been so impulsive beforehand. In other words, we did not pullback after that massive move higher....
The GBP/USD pair initially tried to rally during the course of the session on Thursday, but fell and crashed down towards the 1.50 level. This is a major support area, so we need to see some type...
The EUR/USD pair fell during the course of the session on Thursday, crashing through the 1.15 level again and making a fresh new low. This of course has a lot to do with the fact that the...
The AUD/USD pair tried to rally during the course of the session on Thursday, but could not keep the gains in ended up forming a shooting star. This of course is a very negative sign but we...
USDJPY is moving inside a descending triangle pattern on its 4-hour time frame, as price made lower highs and found support at the 116.00 major psychological level. The pair is currently testing the triangle resistance for now...
The USD/JPY pair went back and forth during the course of the day on Wednesday, ultimately forming a hammer. We ended up closing with that hammer and it suggests that we may head back towards the 120...
The USD/CAD pair broke higher during the course of the session on Wednesday, as the Bank of Canada cut interest rates by 0.25%, to make them now at the 0.75% level. With that being the case, the...
The GBP/USD pair initially fell during the course of the day on Wednesday, but as you can see found support below to turn things back around and form a hammer. The hammer of course is a very...
The EUR/USD pair broke higher during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. That shooting star of course is a negative sign...
The AUD/USD pair fell hard during the session on Wednesday, testing the bottom of the consolidation region yet again. Because of this, it appears of the market is ready to continue going back and forth, and as...
