AUDUSD has been moving sideways on its short-term time frames, as price found support around the .8100 major psychological mark and resistance at the .8250 minor psychological level. The pair is currently testing support for now and...
The USD/JPY pair broke higher during the course of the session on Tuesday, as we head towards the 119 level. We believe that the market will ultimately go to the 120 level, and perhaps even higher than...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the top of the shooting star from last week as well. We are now broken out above the 1.20 handle, which of course...
The GBP/USD pair broke higher during the course of the session on Tuesday as we continue to consolidate. With that being the case, we continue to see this market bounced around and also recognize that the 1.50...
The EUR/USD pair tried to break higher during the course of the session on Tuesday, but fell again and ended up forming a shooting star for the second day in a row. Because of this, it appears...
The AUD/USD pair tried to rally during the course of the session on Tuesday, but fell back down as we approached the 0.82 level. That being the case, the market ended up turning back around and forming...
EURNZD has been trading in a downtrend and is currently testing the descending trend line on its 4-hour forex chart. The falling resistance level might hold for now, as stochastic is indicating overbought conditions and is showing...
Last week’s SNB decision to remove the franc peg resulted to a massive rally for the Swiss currency and a 2000-pip selloff for EURCHF. According to SNB Chairman Thomas Jordan, this decision was made in anticipation of...
The USD/JPY pair broke higher during the course of the session on Monday, but did not cleared the resistance that we have seen over the last several sessions. With that, if we can break above the 118...
The USD/CAD pair did very little during the session on Monday which of course was not a surprise. Most of the volume in this market comes out of North America, and the fact that it was Martin...
