USDJPY is moving inside a descending triangle pattern on its 4-hour time frame, as price made lower highs and found support at the 116.00 major psychological level. The pair is currently testing the triangle resistance for now...
The USD/JPY pair went back and forth during the course of the day on Wednesday, ultimately forming a hammer. We ended up closing with that hammer and it suggests that we may head back towards the 120...
The USD/CAD pair broke higher during the course of the session on Wednesday, as the Bank of Canada cut interest rates by 0.25%, to make them now at the 0.75% level. With that being the case, the...
The GBP/USD pair initially fell during the course of the day on Wednesday, but as you can see found support below to turn things back around and form a hammer. The hammer of course is a very...
The EUR/USD pair broke higher during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. That shooting star of course is a negative sign...
The AUD/USD pair fell hard during the session on Wednesday, testing the bottom of the consolidation region yet again. Because of this, it appears of the market is ready to continue going back and forth, and as...
AUDUSD has been moving sideways on its short-term time frames, as price found support around the .8100 major psychological mark and resistance at the .8250 minor psychological level. The pair is currently testing support for now and...
The USD/JPY pair broke higher during the course of the session on Tuesday, as we head towards the 119 level. We believe that the market will ultimately go to the 120 level, and perhaps even higher than...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the top of the shooting star from last week as well. We are now broken out above the 1.20 handle, which of course...
The GBP/USD pair broke higher during the course of the session on Tuesday as we continue to consolidate. With that being the case, we continue to see this market bounced around and also recognize that the 1.50...
