The GBP/USD pair went back and forth during the course of the day on Thursday, testing the 1.57 level. The market showed a neutral candle, so quite frankly it’s almost impossible to imagine place a trade at...
The EUR/USD pair went back and forth during the course of the session on Thursday, testing the 1.25 level for support. It did in fact find it, but at the end of the day we continue to...
The AUD/USD pair initially fell during the course of the day on Thursday, testing the 0.86 handle. Because of that, we do forming a little bit of a hammer like candle and it suggests to us that...
USDJPY has been on a steady climb but it appears to be retreating from its latest rally. Price peaked close to the 119.00 handle then showed signs of retracement to the 116.50-117.00 levels. The Fibonacci tool...
EURUSD is moving inside a rising channel on its 1-hour forex chart, with price just finding resistance at the top of the range. Stochastic is moving lower, indicating that sellers are in control of price action for...
The USD/JPY pair broke higher during the course of the day here on Wednesday, as we tested the 118 handle. Because of this, it looks like the USD/JPY pair is ready to continue going higher over the...
The USD/CAD pair initially fell during the course of the day on Wednesday, but found the 1.13 level to be supportive enough to turn things back around. By doing so, we ended up forming a hammer, and...
The GBP/USD pair broke higher during the course of the day on Wednesday, testing the 1.57 handle. That being the case, the market looks as if it is ready to perhaps bounce around little bit we still...
The EUR/USD pair tried to rally during the course of the day on Wednesday, but as you can see ran into trouble at the 1.26 level yet again and fell to form a shooting star. Because of...
The AUD/USD pair fell during the course of the session on Wednesday, as we continue to see weakness in the Australian dollar in general. After all, the market heads down to the 0.85 handle, and then ultimately...
