EUR/USD pair went back and forth during the course of the day on Thursday, remaining within the consolidation area we have been in for some time. The 1.30 level above is should continue to offer significant resistance,...
The AUD/USD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher. That being the case, we ended up turning back...
CADJPY is on a short-term uptrend, as a rising trend line can be drawn to connect price lows since August on its 1-hour forex chart. Price is currently testing this ascending support zone and may be due...
The USD/JPY pair rose again during the session on Wednesday, breaking the top of the shooting star from the Tuesday session. Because of this, we feel that this market certainly has plenty of bullish pressure underneath it...
The USD/CAD pair tried to break above the 1.10 level during the day on Wednesday, but turned back around and fell hard. Because of this, we feel that the market is probably heading back to the 1.0850...
The GBP/USD pair as you can see initially fell during the course of the day on Wednesday, but bounced enough to head back towards the 1.62 level. We are just below a gap from the beginning of...
The EUR/USD pair had a fairly calm session as we continue to bounce around in the general vicinity. We seem to be attracted to the 1.29 level, we think ultimately this market will break out to the...
The AUD/USD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer. That being the case, if we break the top of the hammer,...
NZDJPY has been moving in a steady uptrend inside a tight ascending channel on its 4-hour chart. Price is currently testing the channel support near the 87.50 minor psychological level while stochastic is almost in the oversold...
AUDJPY has recently broken the major resistance level at the 96.00 psychological handle a few weeks back and made a strong rally to the 98.75 area. However, price appears to be retreating as traders booked profits and...
