EURUSD seems to be gearing up to make new lows, as price is testing the previous ones near the 1.2500 major psychological level. A break below this area could signify that further losses are in the cards...
The USD/JPY pair broke out during the session on Friday, clearing the 110 level in the process. That being the case, it appears of the market is ready to go much higher, and probably head to the...
The USD/CAD pair broke higher during the course of the day on Friday, but as you can see gave back about half of the gains. With that being the case, we feel that the market should continue...
The GBP/USD pair went back and forth during the course of the session on Friday, hanging about the 1.60 handle. The resulting candle is a hammer, and as a result if we break above the top of...
The EUR/USD pair broke down during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. We even went below the 1.25 level at one point in time, but at...
The AUD/USD pair as you can see went back and forth during the session on Friday, essentially forming a slightly negative candle. We continue to hang about the 0.88 handle, which of course is an area that...
The US Federal Reserved wound down its economic stimulus packaged known as quantitative easing or QE3 for short. The ‘3’ stands for the third installment of such a measure which resulted in the Federal Reserve printing money...
The EUR/USD pair fell hard during the session on Thursday, but turned back around and bounced hard enough to form a beautiful looking hammer. The hammer is fixated on the 1.26 level, and that being the case...
The AUD/USD pair bounced during the course of the day on Thursday, but still remains trapped in the basic consolidation that we have seen for some time now. The 0.88 level continues to be a bit of...
GBPUSD has been moving sideways for most of the month and has recently found support at the bottom of the range once more. Price bounced off the 1.5950 minor psychological support level and may be headed for...
