The AUD/USD pair broke higher during the course of the session on Thursday, testing the 0.79 handle. We did up falling from there though, and forming a relatively significant bearish candle. With that, the market looks as...
GBPUSD just bounced off resistance at the rising channel on its 1-hour forex chart and is currently testing the bottom of the range. At the same time, a bullish divergence is playing out, after stochastic made lower...
The USD/JPY pair tried to break out to the upside during the session on Wednesday, but fell far enough to form a little bit of a shooting star. Ultimately though, the market looks like it’s ready to...
The USD/CAD pair initially fell during the course of the session on Wednesday, but found enough support at the 1.24 level to bounce and form a hammer. With that, the market looks like it’s ready to continue...
The GBP/USD pair broke out during the session on Wednesday, breaking above the 1.55 level. That being the case, the market looks like it’s ready to go higher and head to the 1.58 level. However, there is...
The EUR/USD pair tried to rally during the course of the session on Wednesday, but as you can see pullback to form a shooting star. The shows that the market is still confused, and we should in...
The AUD/USD pair did nothing during the session on Wednesday, as we continue to hang just below the 0.79 level. With that being the case, the market has a significant amount resistance all the way to the...
AUDJPY recently made a strong break past the 93.50 minor psychological resistance then zoomed up to the 94.00 handle. From there, the pair retreated and started to make a forex correction to the Fib levels marked on...
GBPUSD is currently trading in an uptrend, as a rising channel can be drawn on its 1-hour forex chart. At the moment, the pair is approaching the channel resistance while stochastic is indicating that pound bulls are...
The USD/JPY pair initially tried to rally during the session on Monday, but sold off in order to finish basically unchanged. This shows just how tight this market is at the moment, and therefore we are not...
