GBPUSD has been stuck in a range on its 1-hour time frame, as the pair found support at the 1.5600 major psychological level and resistance at the 1.5750 minor psychological mark. Price recently bounced off the bottom...
The USD/JPY pair fell during the course of the session on Monday, as we continue to meander around the 117.50 level. With that being the case, the market looks as if it could find support in this...
The USD/CAD pair broke out to the upside during the session on Monday, as the 1.16 level has been shot straight through. The candle of course is a very positive looking, and a large one on top...
The GBP/USD pair fell hard during the session on Monday, but remains within the consolidation area that we have been in for some time. That being the case, the market looks as if it is ready to...
The EUR/USD pair went back and forth during the course of the session on Monday, but ended up forming a relatively benign and neutral candle. Because of this, it feels as if the market should continue to...
The AUD/USD pair went back and forth during the course of the session on Monday, and as a result it looks as if it is ready to simply go sideways. Ultimately though, if we can close below...
EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week. For today, German and French manufacturing and services PMIs are lined up and these...
Here are the Top 5 Forex Developments for the trading week between 12/08/14 and 12/12/14: Number One: Chinese Consumer Price Index/Producer Price Index The Chinese economy experienced more problems in November as evident by the consumer price...
EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on. The pair is gearing up to test the top of the range around the .7950 minor psychological...
The USD/JPY pair went back and forth during the session on Friday, essentially going nowhere. With that being the case, we are still below the 120 level, if we can get above there we think that the...
