The USD/CAD pair had a fairly negative session but bounced enough at the end of the day on Thursday to form a nice-looking hammer. However, with today been nonfarm payroll number in the United States, and Canadian...
GBP/USD fell during the course of the day on Thursday, breaking down significantly. In fact, we are already testing the 1.63 handle, and as a result we feel that the market will continue to sell off and...
The EUR/USD pair fell hard during the session on Thursday as the European Central Bank surprised that the markets with a slight rate cut. With that, the market looks as if it is going to continue selling,...
The AUD/USD pair tried to rally significantly during the session on Thursday but failed. The pullback ended up forming a shooting star, and as a result it looks like the market wants to stay within the consolidation...
AUD/CAD has been trading inside a range on its 1-hour time frame, finding support at the 1.0115 area and resistance at the 1.0215 level. Price has recently come off a test of the range support and appears...
The USD/JPY pair fell during the course of the day on Wednesday, falling behind the 105 level again. With that being the case, the market looks like it’s ready to pull back a little bit and look...
The USD/CAD pair fell during the session on Wednesday, but remains within the consolidation area that we have been stuck in for some time now. The candle is very negative looking – but at this point it...
The GBP/USD pair fell during the session after initially going back and forth on Wednesday, as the market looks ready to continue going much lower. With that, we are very negative and recognize that the GBP/USD pair...
The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE...
The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this...
