The EUR/USD pair tried to break higher during the course of the session on Tuesday, but fell again and ended up forming a shooting star for the second day in a row. Because of this, it appears...
The AUD/USD pair tried to rally during the course of the session on Tuesday, but fell back down as we approached the 0.82 level. That being the case, the market ended up turning back around and forming...
EURNZD has been trading in a downtrend and is currently testing the descending trend line on its 4-hour forex chart. The falling resistance level might hold for now, as stochastic is indicating overbought conditions and is showing...
Last week’s SNB decision to remove the franc peg resulted to a massive rally for the Swiss currency and a 2000-pip selloff for EURCHF. According to SNB Chairman Thomas Jordan, this decision was made in anticipation of...
The USD/JPY pair broke higher during the course of the session on Monday, but did not cleared the resistance that we have seen over the last several sessions. With that, if we can break above the 118...
The USD/CAD pair did very little during the session on Monday which of course was not a surprise. Most of the volume in this market comes out of North America, and the fact that it was Martin...
The GBP/USD pair initially tried to rally during the course of the session on Monday, but as you can see ended up forming a shooting star as we closed just below the 1.51 handle. The real support...
The EUR/USD pair broke higher during the course of the day on Monday, but did not break the top of the hammer from Friday. We are essentially trying to build up enough of a bullish move to...
The AUD/USD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere. It appears that the 0.82 level will continue to be resistance, but ultimately we feel that this market...
AUDJPY has been trading in a downtrend, as a descending trend line can be drawn to connect the pair’s recent highs. Price is currently testing the falling resistance level around the 97.00 major psychological resistance for now...
