The GBP/USD pair fell during the session initially on Monday, but bounced enough off of the 1.67 level in order to form a hammer. We believe that this market is finding enough support near that we will...
The EUR/USD pair fell during the course of the session on Monday, dipping below the 1.36 level at one point in time. The market looks like it’s ready to continue going lower, perhaps down to the 1.35...
The AUD/USD pair fell during the course of the session on Monday, but found the 0.9250 level to be supportive enough to cause the market to stop falling. There is a support “zone” going all the way...
USD/CAD has been moving sideways for almost a month already, which is not at all surprising for this pair that usually ranges. The pair has found support near the 1.0830 level and resistance at 1.0920, creating a...
EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
EUR/GBP is currently testing the falling trend line on the 4-hour time frame, suggesting that another sharp drop might take place sooner or later. In terms of economic data, the euro zone is definitely doing worse than...
The USD/JPY pair initially fell during the session on Thursday, but bounced enough to form a perfect hammer. This hammer suggests that the buyers are in fact still underneath there, and as a result we believe a...
The USD/CAD pair fell during the course of the session on Thursday, but found the 1.08 level to be supportive yet again. Ultimately, we feel that this area will continue to offer support, but if we do...
The GBP/USD pair did almost nothing during the session on Thursday, essentially treading water at the 1.67 level. With that being the case, we feel that the market should find buyers in this general vicinity, possibly sending...
