The GBP/USD pair initially fell during the course of the day on Tuesday, but found enough support at the 1.63 handle to turn things back around and form a hammer. This is an excellent place to see...
The EUR/USD pair broke higher during the course of the day on Tuesday, but found enough resistance near the 1.29 level to turn things back around and form a shooting star. The shooting star of course is...
The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found the markets disagreeable. With that, we have broken down below the bottom of the hammer from the Monday session, and...
NZDUSD might be due for a strong bounce, as the pair is testing the bottom of the ascending trend channel on its daily time frame. Trade balance from New Zealand came in better than expected as it...
The USD/JPY pair initially tried to rally during the session on Monday, but gave back most of the gains as the market is just simply far too overbought at this point to continue the kind of momentum...
The USD/CAD pair shot straight up during the course of the day on Monday, breaking well above the 1.10 level again. With this, it appears that the Canadian dollar will continue to soften of that, and as...
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support to bounce and close near the 1.6350 level. The resulting candle is a hammer, and as a result it looks...
The EUR/USD pair initially fell during the course of the day on Monday, but bounced just above the 1.28 level. The resulting candle of course is a hammer, and because of that we feel that the market...
The AUD/USD pair fell during the course of the day on Monday, breaking below the 0.89 handle. We believe that this market will grind to the 0.88 level, but it might take a little bit of volatility...
USDCAD appears to be forming a rising trend channel on its 1-hour forex chart, as the pair recently made higher lows and higher highs. Price just bounced from the 1.0950 minor psychological level, which lines up with...
