AUDUSD has been on a strong downtrend since the start of the month but may be due for a quick correction after gapping down early this trading week. Price dipped below the .9000 major psychological level and...
The USD/JPY pair fell during the course of the day on Monday, but found a bit of support at the 107 level. Once we got that support, we ended up bouncing enough to form a hammer. This...
The USD/CAD pair fell hard during the session on Monday, but remains well above the 1.10 level. That level was the scene of a break out, and we feel that this market will more than likely try...
The GBP/USD pair fell slightly during the session on Monday, as the gap continues to push the market a little bit lower. However, if we can get above the 1.63 level, we feel that this market will...
The EUR/USD pair fell during most of the day on Monday, but as you can see bounced enough to form a hammer. Because of this, we feel that the market is going to try to break out...
The AUD/USD pair went back and forth during the course of the day on Monday, showing the 0.90 level to be supportive though, which of course is very important as far as we can see. The fact...
GBPUSD is currently testing a key area of interest as seen on its daily time frame, which could mean that the recent selloff could reverse. Stochastic is starting to move up from the oversold zone, indicating that...
The USD/JPY pair broke higher during the course of the day on Friday, continuing a very impulsive move. Because of this, we feel that the market is a bit overbought at this point in time, so we...
The USD/CAD pair went higher during the course of the day, showing real strength during Friday’s session. It appears that we are now broken out, and now that we have cleared the 1.10 level rather significantly, we...
The GBP/USD pair initially fell during the course of the day on Friday, but found enough support below in order to form a nice-looking hammer. We have not broken above the gap from the beginning of the...
