The AUD/USD pair broke higher during the course of the session on Friday, as the market continues to bounce around the 0.78 handle. Ultimately, we see a significant amount of resistance above, especially at the 0.80 handle,...
The USD/JPY pair initially rose during the session on Thursday, but found a little bit of resistance above the 190 handle. With that, we ended up forming a little bit of a shooting star, but quite frankly...
USD/CAD pair broke higher during the course of the session on Thursday, as the 1.25 level continues to be a bit of a magnet for price. That being the case, the market looks as if it’s ready...
The GBP/USD pair went back and forth during the course of the session on Thursday as we continue to try to get above the 1.55 handle. There are several things going on at the same time here,...
The EUR/USD pair did very little during the course of the day on Thursday, as we continue to hover around the 1.14 region. Ultimately, this market looks as if it is consolidating between the 1.13 level on...
The AUD/USD pair went back and forth during the session on Thursday as we continue to hang about the 0.78 handle. Ultimately, we believe that this pair isn’t going to go above the 0.80 handle, so having...
USDCAD recently bounced off the bottom of the descending triangle on its 1-hour forex chart and is making its way to the top. Price could test the resistance near the 1.2600 major psychological level and make its...
NZDUSD is moving inside a rising wedge pattern on its 1-hour forex chart and is currently testing the top of the range. A bearish divergence can be seen, as price made higher highs while stochastic had lower...
The USD/JPY pair broke higher during the session on Tuesday, breaking above the 119 level. Ultimately, this market looks as if it is ready to go higher and as a result we are buyers. We believe that...
The USD/CAD pair fell during the session on Tuesday, testing the 1.24 level for support. It did in fact find support there though, and as a result we formed a little bit of a hammer. The hammer...
