The AUD/USD pair tried to break higher during the course of the session on Tuesday, but as you can see struggled at the 0.80 level. That area was once massive support, and the fact that we have...
AUDUSD has previously made a strong break below support at the .8100 major psychological level and dipped below .7900 at the start of this trading week. Price appears to be making a pullback to the area of...
USDJPY didn’t complete its recent double top pattern and instead bounced off support around the 117.25 level. Price is now on its way to test the top of the range around the 118.25 mark and may be...
The USD/JPY pair broke higher during the course of the day, but still remains within the consolidation area of that we have been in for some time. With that, we believe that the market still continues look...
The USD/CAD pair initially fell during the course of the session on Monday, but as you can see bounced enough to form a hammer. That hammer of course suggests that the market is ready to go higher,...
The GBP/USD pair broke higher during the course of the session on Monday, as the 1.50 level looks a bit like a springboard. The spring board should send this market looking for the 1.53 handle, as it...
The EUR/USD pair broke higher during the course of the day on Monday after initially gapping lower. This shows that the market is ignoring the Greek elections for the time being, and that we more than likely...
The AUD/USD pair broke higher during the course of the session on Monday after initially gapping lower, but still has to deal with the 0.80 level above, which was once massively supportive. With that being the case,...
Here are the Top Forex Developments for the trading week between 01/19/15 and 01/23/15: Number One: European Central Bank Interest Rate Announcement & Economic Stimulus As widely expected the ECB left interest rate on hold at 0.05%....
USDJPY’s short-term climb might soon be reversed, as price formed a double top pattern on its 1-hour time frame. The pair made a couple of failed attempts to break past the 118.75 area and found support at...
