The AUD/USD pair went back and forth during the session on Tuesday, struggling to gain any significant momentum to the upside. There is a significant amount of resistance just above at the 0.88 handle, an area that...
AUDUSD has recently been on a short-term climb, but it looks like the rally could be reversed now that a head and shoulders pattern formed on its 1-hour forex time frame. Price is a few pips away...
The USD/JPY pair initially fell during the session on Monday, but as you can see found enough support below in order to go a bit higher. The 115 level below continues to be massively supportive, and we...
The USD/CAD pair tried to break out to the upside during the session on Monday, but the 1.13 level of course offered quite a bit of resistance. As I’ve that surprising though, because we have been banging...
The GBP/USD pair fell during the course of the day on Monday, continuing the downward pressure that we have seen for several sessions. We believe that a break down below the bottom of the hammer from the...
The EUR/USD pair tried to break out to the upside, but fell rather hard and closed well below the 1.25 level. The 1.26 level of course was resistive, and as a result we continue to see the...
The AUD/USD pair fell during the session on Monday after initially gapping higher, testing the 0.88 level. That area of course is resistance as we have seen several times before, so it does not surprise us at...
EURGBP has been falling for the past few months but a reversal pattern has just formed on its daily chart. This indicates that an uptrend may start as soon as price breaks past the .8000-.8050 resistance levels....
GBPUSD looks prime for a pullback as price found support around the 1.5600 major psychological level. The pair appears to be retreating to the descending trend line visible on its 4-hour forex chart. Stochastic has already...
The USD/JPY pair initially broke higher during the course of the session on Friday, but found enough resistance above to turn things back around and form a shooting star. The shooting star of course signifies that we...
