The US Dollar has rallied to multi-year highs as forex traders grow more confident that the US Federal Reserve will raise interest rates sooner than previously expected. Expectations now call for an increase in interest rates by...
The USD/JPY pair went higher during the course of the day on Friday, testing the 109.50 level. Because of this, we feel that the market will eventually break out above the 110 level, but it’s going to...
The USD/CAD pair initially fell during the day on Friday, but found buyers below at the 1.11 handle, and then shot higher. That being the case, it appears of this market is heading to the 1.12 level...
The GBP/USD pair initially tried to rally during the session on Friday, but the weight of the downtrend continues to keep the buyers a bit calm. However, we feel that the 1.6250 level should continue to be...
The EUR/USD pair fell during the course of the day on Friday, breaking the bottom of the hammer from the Thursday session. This of course is a very negative sign and therefore we feel that the market...
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.88 level as resistance. Because of that, we ended up forming a shooting star which of course is a...
The USD/JPY pair went back and forth during the course of the day on Thursday, using the 108.50 level as support. That being the case, it looks like the market is simply going to try to build...
The USD/CAD pair broke higher during the session initially on Thursday, but found the area above the 1.11 level to be far too resistive in order to continue going higher. With that, we feel that the market...
The GBP/USD pair went back and forth during the course of the day, bouncing off of the 1.36 level. That being the case, the market looks as if it’s ready to try to find some type of...
The EUR/USD pair initially fell during the course of the day on Thursday, but as you can see found enough support just below the 1.27 level to turn things back around and form a nice-looking hammer. The...
