The USD/CAD pair fell during the course of the session on Friday, testing the 1.13 handle. This area is significant support, and we believe that it extends all the way down to the 1.12 handle as well....
The GBP/USD pair fell during the course of the session on Friday, but bounced enough to form a nice-looking hammer. This of course suggests that we could get a little bit of a bounce but we would...
The EUR/USD pair initially fell during the course of the session on Friday, but then bounced above the 1.25 level by the time we close. This of course is a very positive looking candle, and as a...
The AUD/USD pair initially fell during the course of the day on Friday, but then broke higher in order to test the 0.88 region. This is an area where we anticipate to see a lot of resistance,...
Here are the Top 5 Forex Developments for the trading week between 11/10/14 and 11/14/14: Number One: Eurozone GDP Everyone expected bleak figures out of the Eurozone and dark clouds hovered over today’s GDP report for the...
EURUSD has been moving inside a symmetrical triangle pattern since the start of the month, creating higher lows and lower highs. The pair just came off a test of triangle resistance and may be due south, possibly...
USDJPY has been moving in a strong uptrend, with a short-term rising channel forming on its 1-hour time frame. Price just came off a test of resistance and may be due to head lower in a bit,...
The USD/JPY pair initially tried to rally during the course of the day on Tuesday, and actually broke to a fresh, new highs. However, the market struggled and turned back around to form a shooting star. The...
The USD/CAD pair fell during the course of the day on Tuesday, but remains above the 1.13 handle. That is an area that cause quite a bit of support, and therefore we feel that we should see...
The GBP/USD pair broke higher during the course of the day on Tuesday, showing that there is in fact some buyers out there. However, we see a significant amount of resistance above, and as a result it...
