The GBP/USD pair initially fell during the course of the session on Monday, but as you can see found enough support to turn things back around and form a nice-looking hammer. With that, we believe that this...
The EUR/USD pair as you can see initially fell during the bulk of the session on Monday, testing the 1.18 level for support. With that being the case, the market looks as if it bounced from there...
The AUD/USD pair fell during the course of the session as you can see on Monday, but found enough support at the 0.8150 level to hang about. With that, if we can break down below the bottom...
AUDUSD broke past a resistance area on its 1-hour time frame and rallied to a high of .8250 before retreating. Price is now retracing to the 50% Fibonacci level, which lines up with the broken resistance level...
Here are the Top Forex Developments for the trading week between 01/05/15 and 01/09/15: Number One: US NFP The US economy added more jobs in December than expected as the NFP report showed the addition of 252,000...
GBPUSD is showing signs of a pullback, as price previously found support near the 1.5000 major psychological level. Using the Fibonacci retracement tool on the latest swing high and low on the 4-hour time frame indicates that...
The USD/JPY pair initially tried to rally during the course of the day on Friday, but found the 120 level to be a bit too resistive to keep going higher. With that being the case, we ended...
The USD/CAD pair bounced off of the 1.18 level to find support and show strength during the session on Friday. Ultimately, the market will more than likely head to the 1.20 handle, given enough time. We believe...
The GBP/USD pair broke higher during the course of the session on Friday, clearing the top of the hammer that had formed for the session. With that being the case, the market ended up breaking out and...
The EUR/USD pair initially broke down below the 1.18 level during the session on Friday, but as you can see sold buyers below in order to turn things back around and form a hammer. That hammer of...
