USD/JPY pair initially fell during the session on Thursday, bouncing off of the 101.50 level though. That being the case, the market looks as if it wants to go higher, and as a result break the top...
The USD/CAD pair fell below the 1.07 handle during the day on Thursday, but as you can see failed to continue much lower than that. Nonetheless, it does appear that the market is going to drift lower...
The GBP/USD pair broke higher during the session on Thursday, clearing the 1.70 handle again. That area is a major support and resistance level, so it’s interesting that we managed to climb back above again. We are...
The EUR/USD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer. This hammer suggests that we are experiencing quite a bit of buying pressure, and it...
The AUD/USD pair did very little during the session on Thursday, as we continue to grind sideways. Because of this, we feel that the market is essentially trying to build up enough momentum to break out, and...
USD/JPY has been consolidating inside a symmetrical triangle for almost an entire month, as traders are torn in picking a clear direction for this pair. However, the bleak US GDP release has resulted in a sharp downside...
The USD/JPY pair fell during the bulk of the session on Wednesday, showing the 101.50 level to be supportive. That being the case, it feels as if the market is trying to get some type of traction...
The EUR/USD pair broke higher during the session on Wednesday, but could not break out to the upside. With that being the case, we feel that the market is probably going to attempt to go higher, but...
The USD/CAD pair fell during the session on Wednesday, staying within the consolidation area that we have seen over the last several sessions. That being the case, the 1.07 level looks to be supportive, and a break...
The GBP/USD pair went back and forth during the session on Wednesday, essentially settling on a fairly unchanged candle. We tried to break above the 1.70 level, but failed. On the other hand, we found plenty of...
