Many forex traders are only concerned with the headline non-farm payrolls figures released out of the US which have painted a not-so-bright picture themselves. The US economy continues to shed full-time positions and replaces them with part-time...
The USD/JPY pair initially fell during the course of the day on Friday, but as you can see the market did find enough buying pressure nearly 101.50 level to turn things back around and form a hammer....
The USD/CAD pair initially fell during the day on Friday, but as you can see found support at the 1.09 handle yet again, and bounce enough to form a hammer. The hammer suggests that there is buying...
The GBP/USD pair initially tried to rally during the session on Friday, but as you can see ended up falling below the 1.68 level. Because of this, we think that this is a reasonably very sign in...
The EUR/USD pair rose during the course of the day on Friday, but did not break above the significant resistance barrier at 1.3450. With that, we feel that the market sooner or later will run into enough...
The AUD/USD pair rose during the course of the day on Friday, bouncing off of the 0.9225 region. However, the market really hasn’t taken off to the upside, so we still think that there is a significant...
The USD/JPY pair initially tried to rally during the session on Thursday, but as you can see fell back down as we continue to bang around the 102 level. This area has been supportive in the past,...
The USD/CAD pair rose slightly during the session on Thursday as we continue to grind away sideways between the 1.09 and the 1.10 levels. With that, we feel that the market will more than likely go higher...
The GBP/USD pair fell during the day on Thursday, but still finds support near the 1.68 handle. Because of this, we feel that the market could bounce here, but we do not have the right supportive action...
The EUR/USD pair initially fell during the day on Thursday, but as you can see found support at roughly the same place it did during the Wednesday session. With that, we found the day forming a hammer...
