The USD/JPY pair rose slightly during the course of the day on Wednesday, testing the 107.50 handle. Because of this, it appears that more bullish pressure is appearing in the marketplace, and that the buyers are more...
The GBP/USD pair fell during the session on Wednesday, but found the 1.60 level to be supportive as one would anticipate. Because of this, we are bit leery of getting involved as we are so close to...
The USD/CAD pair went back and forth during the session here on Wednesday, testing the 1.12 level for support. It did in fact find it, so therefore we feel that this market will more than likely go...
The EUR/USD pair broke lower during the course of the day on Wednesday, sending this market looking for the 1.2650 handle. It appears that we are ready to go lower, and at this point time we feel...
The AUD/USD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down. With that, it appears of...
NZDUSD is currently testing the bottom of the ascending trend channel on its 1-hour time frame, still deciding whether to go for a bounce or a break. Stochastic is indicating oversold conditions with a bullish divergence, suggesting...
A short-term selloff might be in the cards for AUDCAD, as the pair created a double top pattern on its 1-hour time frame. Price has found resistance at the .9950 mark and is finding support at the...
USD/CAD fell during the course of the session on Tuesday, testing the 1.12 level. This is an area that is an area we anticipated to see a significant amount of support at, and we most certainly did...
The USD/JPY pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a little bit of a hammer. Because of that, we feel that this market will...
The GBP/USD pair fell slightly during the session on Tuesday, showing that we are in fact going to have to fight our way higher. The weekly candle was a hammer, and although we have not broken the...