The USD/JPY pair went back and forth during the course of the day on Thursday, ultimately printing a very neutral candle. This neutral candle sits just below the 103 level, and as a result we think that...
The USD/CAD pair went back and forth on Thursday, but as you can see really didn’t settle for much. With that being the case, it appears that the market could pullback from here, as the move has...
The GBP/USD pair went back and forth during the day on Thursday, ultimately selling off though. We have broken below the 1.69 level, so we would suggest that perhaps this market continues to go lower, probably looking...
The EUR/USD pair fell during the course of the day on Thursday, but as you can see found enough support below in order to bounce and form a little bit of a hammer. This is the second...
The AUD/USD pair fell during the course of the day on Thursday, as we managed to break down through the last signs of support. Now that we have done that, we believe that rallies will continue to...
Forex traders will get July’s non-farm payroll report tomorrow and expectations call for a headline figure of 231,000 new jobs while the unemployment rate is expected to remain unchanged at 6.1%. Many new traders are focused on...
AUD/USD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards. Price has found a bit of support at...
The USD/JPY pair shot straight through the atmosphere during the day on Wednesday, as the US GDP numbers came out much stronger than anticipated. Because of this, the US dollar gained everywhere, the Japanese yen been no...
The USD/CAD pair shot higher during the day on Wednesday, as the US GDP numbers came out stronger than anticipated. Now that we have broken out to the upside, we believe that short-term pullbacks will continue to...
The GBP/USD pair fell during the course of the day on Wednesday, but bounced back above the 1.69 level in order to form a bit of a hammer. That being the case, it appears the market could...
