The USD/JPY pair initially tried to rally during the session on Monday, but gave back most of the gains as the market is just simply far too overbought at this point to continue the kind of momentum...
The USD/CAD pair shot straight up during the course of the day on Monday, breaking well above the 1.10 level again. With this, it appears that the Canadian dollar will continue to soften of that, and as...
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support to bounce and close near the 1.6350 level. The resulting candle is a hammer, and as a result it looks...
The EUR/USD pair initially fell during the course of the day on Monday, but bounced just above the 1.28 level. The resulting candle of course is a hammer, and because of that we feel that the market...
The AUD/USD pair fell during the course of the day on Monday, breaking below the 0.89 handle. We believe that this market will grind to the 0.88 level, but it might take a little bit of volatility...
USDCAD appears to be forming a rising trend channel on its 1-hour forex chart, as the pair recently made higher lows and higher highs. Price just bounced from the 1.0950 minor psychological level, which lines up with...
GBPJPY has been on a steady uptrend and may be due to resume its climb, as a bullish divergence has formed on its 1-hour time frame. Stochastic made lower lows while price made higher lows, with the...
The USD/JPY pair initially broke higher during the course of the day on Friday, but the 109.50 level offered enough resistance to turn things back around. Ultimately, we ended up forming a shooting star, so of course...
The USD/CAD pair went back and forth during the course of the day on Friday, showing the 1.0950 level to be somewhat of a magnet for price. However, if we can break back above the 1.10 level,...
The GBP/USD pair initially broke higher during the course of the day on Friday, in reaction to the Scottish Independence Vote, but as you can see the 1.65 level offered enough resistance to push things back down....
