AUD/USD broke higher during the course of the session on Tuesday, showing bits of support below. We still look at this market as being very negative, but also recognize that we are getting very low as far...
The USD/JPY pair broke higher during the course of the session on Monday, using the 120 level as support. That supportive area of course has been rather strong from time to time as both resistance and support,...
The USD/CAD pair went back and forth during the session on Monday, essentially going nowhere. With that being the case, we believe that the market simply cannot traded until we get some type of impulsive move, or...
The GBP/USD pair broke lower during the session on Monday, testing the 1.55 level yet again. This is an area that we believe is going to be rather supportive, but ultimately we will continue to go lower....
The EUR/USD pair initially rallied during the session on Monday, but as you can see turned back around to fall below the 1.2150 level at one point during the day. That being the case, the market fell...
The AUD/USD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star. With that being the case, it looks as if the Australian dollar is going...
Here are the Top Forex Developments for the trading week between 12/22/14 and 12/26/14: Number One: Canadian GDP Forex traders received a positive surprise on Tuesday out of Canada with the release of its Gross Domestic Product...
The USD/JPY pair did very little during the course of the session on Wednesday, as we continue to hang out above the 120 level. With that being the case, we feel it’s only a matter time before...
The USD/CAD pair broke higher during the session on Wednesday after initially falling. Because of this, we ended up forming a hammer and then of course is a positive sign. The ultimately though, we feel that this...
The GBP/USD pair broke higher during the course of the session on Wednesday, as we tried to bounce back into the previous consolidation area. Although we closed at the very top of the range for the session,...