The USD/CAD pair rose during the session on Wednesday, bouncing off of the trend line that has been rising and supporting this market for some time now. On top of that, we are still above the 1.06...
The GBP/USD pair went slightly higher during the session on Wednesday, but looks as if it’s trying to build up enough steam to go higher. The markets been rather strong recently, so it’s interesting to see how...
The EUR/USD pair fell during the session on Wednesday, testing the 1.3650 handle. That level of course was a resistance area, and breaking above it was significant as well. The fact that we are starting to find...
The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...
The rising channel on AUD/USD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel. At the same time,...
The USD/JPY pair rose during the course of the session on Tuesday, showing the support that we had anticipated previously. The fact that this market now shows support suggests to us that in fact the longer-term consolidation...
The USD/CAD pair fell during the session on Tuesday, but remains above the 1.06 handle. It is not until we clear that area to the downside that we are comfortable selling. In fact, with the nonfarm payroll...
The GBP/USD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get...
The EUR/USD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance. This is been the case for this level for some time now, and although we did shoot through quite...
The AUD/USD pair did in fact have a strong move during the session on Tuesday, but failed to break above the 0.95 level. Because of this, we are a bit hesitant to go long at this point...
