The EUR/USD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer. This hammer suggests that the market is ready to go higher, perhaps testing...
The AUD/USD pair broke higher during the day on Tuesday, clearing the top of the Monday hammer. We suggested that this market would go higher, and it did exactly that. However, we have a significant amount of...
The USD/JPY pair fell during the session on Monday, but as you can see really remains mired in a significant amount of consolidation. With that, we don’t necessarily have a trade at this moment in time, but...
The USD/CAD pair initially fell during the session on Monday, but found support at the exact same place that we have several times in a row. On top of that, there is an uptrend line that the...
The GBP/USD pair fell initially during the session on Monday, but found enough support near the 1.71 level to go ahead and balance to form a hammer like candle. This suggests that this market should continue higher,...
The EUR/USD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher. This market of course formed a hammer for the day, which seems to...
The AUD/USD pair initially fell during the session on Monday, but found enough support below in order to turn things back around and form a hammer. The hammer of course suggests that the market is going to...
On Thursday forex traders received a rather big NFP report. As you know the NFP report is usually released on Friday’s, but due to the Independence Day holiday celebrated on Friday the report was moved to Thursday....
The USD/JPY pair fell slightly during the session on Friday, but with the Americans away for the Independence Day holiday, we feel that this market should continue to find buyers eventually and the slightly negative candle for...
The USD/CAD pair had a slightly positive session on Friday, as we continue to walk along the uptrend line that has been so influential in this market lately. As long as we are above the 1.06 level,...
