The GBP/USD pair fell rather hard during the session on Wednesday after initially tried to rally above the 1.68 handle. The Bank of England suggested that perhaps the economy is a lot cloudier than originally thought, and...
The EUR/USD pair continues on bearish as we initially rallied during the day on Wednesday, only to turn back around and form a massive shooting star. The candle forming where it does suggests that we are in...
The AUD/USD pair rose during the course of the day on Wednesday, breaking the top of several hammers. With that, the market tested the 0.93 level, where found a bit of resistance. We believe that the market...
USD The US dollar returned some of its recent gains when data came in weaker than expected. The JOLTS job openings report marked a 4.67M gain, lower than the estimated 4.74M increase. Meanwhile, the NFIB small business...
GBPUSD has been on a downtrend ever since the BOE showed a bit of hesitation when it comes to tightening monetary policy by the end of the year. Price has broken below a support area around the...
The USD/JPY pair initially fell during the course of the day on Monday, but found enough support at the 102 handle to turn things back around and form a nice-looking hammer. This hammer of course suggests that...
The USD/CAD pair fell during the course of the day on Monday, showing significant resistance at the 1.10 level. However, we are most certainly in an uptrend at the moment, and as a result we believe that...
The GBP/USD pair rose slightly during the session on Monday, but found the 1.68 level resistive. This was an area of support previously, so the fact that we did not break above there is in fact interesting....
The EUR/USD pair fell during the course of the day on Monday, continuing to show a bit of a downtrend, and consolidating in this general vicinity. We believe that the 1.33 level is the significant support that...
The AUD/USD pair fell during the course of the day on Monday, but not significantly so. It appears that the market is essentially comfortable in this general vicinity, at the 0.9250 region. We believe that the market...
