The GBP/USD pair rose during the course of the session on Wednesday, bouncing off of the bottom of the range from the Tuesday session. The 1.68 level offered resistance though, so we stayed well within the very...
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. The shooting star suggests that we are going...
The AUD/USD pair tried to rally during the course of the session on Wednesday, but found far too much in the way of resistance at the 0.94 level area, pulling back and forming a shooting star. The...
The USD/JPY pair fell during the course of the session on Tuesday, but finds the 102 level supportive yet again. That area has been supportive time and time again, and as a result we are looking for...
The USD/CAD pair went back and forth during the session on Tuesday, testing the 1.09 level for support and proving it to be so. With that, the market looks like it is testing the area for support...
The GBP/USD pair fell during the course of the session on Tuesday, but remains above the vital 1.67 level that we believe is going to be supportive. We think somewhere closer to the 1.67 level we should...
The EUR/USD pair fell during the course of the session on Tuesday, but still above the 1.35 handle. This is the area that we believe should be the absolute “floor” in this market, and because of that...
The AUD/USD pair rose during the course of the session on Tuesday, testing the 0.94 region. That area is of course resistance, and the top of the consolidation area that we have been in for some time....
USDCAD is still trading inside the rising channel on its 1-hour time frame and may be ready to resume the climb if it finds support at the bottom of the channel near the 1.0850 minor psychological level....
GBP/JPY has been moving inside a range for more than a couple of months already and it looks like the pair is gearing up for a test of resistance at the 173.00 major psychological handle. A strong...
