The EUR/USD pair initially fell during the course of the day on Thursday, but found enough support below the 1.18 level to bounce and form a little bit of a hammer. This hammer suggests that the buyers...
The AUD/USD pair went back and forth during the course of the session on Thursday, as we simply did not go anywhere. We believe that this market is essentially waiting for some type of clarity coming out...
AUDJPY’s recent downtrend might be over, as price formed a double bottom pattern on its 4-hour time frame. As you can see from the chart, the pair bounced off the 96.00 major psychological support a couple of...
The USD/JPY pair went back and forth during the session on Wednesday, as the 119 level offered support. We believe that this market will more than likely go higher going forward, but with the nonfarm payroll numbers...
The USD/CAD pair broke higher during the session on Wednesday, as we continue to grind away towards the 1.20 handle. That being said, we believe the pullbacks are buying opportunities, but recognize that both countries have a...
The GBP/USD pair fell during the course of the session on Wednesday, but found a little bit of support near the 1.5050 handle. With that, it’s likely that the hammer that we are seeing at the end...
The EUR/USD pairfell during the session on Wednesday, testing the 1.18 handle. We see this as a major level of support, and the fact that it exists and we bounced off of it tells us that this...
The AUD/USD pair as you can see initially fell during the course of the session on Wednesday, but found enough support to turn things back around and form a hammer. We are just above the 0.80 level,...
AUDUSD’s downtrend might be cut short, as price has formed a reversal pattern on its 1-hour time frame. A double bottom formation can be seen after the pair failed in its past two attempts to break below...
The USD/JPY pair fell during most of the session on Tuesday, but found enough support near the 118.50 level to turn things back around and form a little bit of a hammer. That being the case, it...
