The USD/JPY pair broke higher during the course of the day on Tuesday, breaking above the 106 level. That being the case, the market ended up pulling back though based upon the large amount of resistance above....
The USD/CAD pair broke higher during the course of the day on Tuesday, slicing through the 1.10 level. However, the area above that important level pushed the market back down, forming a perfect shooting star. The shooting...
The GBP/USD pair went back and forth during the day on Tuesday, as we continue to see significant bearishness in this market. We think that any bouncer this point time will find quite a bit of resistance...
The EUR/USD pair broke lower during the day on Tuesday, but as you can see the 1.2850 level below offered enough support to turn things back around and form a hammer like candle. With that being the...
The AUD/USD pair fell hard during the session on Tuesday, slamming into the 0.92 region. This is an area that has been massively supportive in the past, which is the bottom of a larger consolidation area. This...
Normal 0 false false false EN-US X-NONE X-NONE Penny stocks are becoming trendier these days, of course, due to their appealing cost. As the name suggests, penny stocks are very low in price per share, but they...
AUDUSD has been trading inside a rising channel on its 1-hour forex time frame for the past month, but it looks like a breakdown is happening. The pair is currently hovering around the channel bottom near the...
Reviewing the long-term price action of EURCAD indicates that the pair may be in the middle of a huge market correction, as the recent selloff is stalling at the 38.2% Fibonacci retracement level of the previous uptrend....
Yesterday we saw two employment reports which painted a much different picture than what many hoped for and one which is closer to reality than any other report released in 2014 on the labor market. While expectations...
The USD/JPY pair fell during the course of the day on Friday, and even dropped below the 105 level. However, there was enough support below to turn things back around and we closed just above it. That...
