The EUR/USD pair tried to rally during the session on Thursday, finding the area above the 1.36 level to be resistive enough to turn things back around and form a shooting star. The shooting star suggests that...
The AUD/USD pair rose during the session on Thursday, breaking well above the 0.9250 handle and busting through a relatively significant amount of resistance. Now that we have this impulsive candle, we finally have the signal that...
The Euro has corrected sharply over the past two trading weeks. Prior to the press conference held by European Central Bank President Mario Draghi two Thursday’s ago the EURUSD was trading a few pips away from the...
GBP/USD has been finding support around the 1.6750 minor psychological level, which coincides with a longer-term rising trend line, for quite some time now. However, the pair just made a strong downside break, indicating that a deeper...
The USD/JPY pair initially fell during the session on Wednesday, but as we have seen for the past couple of days, buyer stepped in and push the market back up. With that being the case, it appears...
The USD/CAD pair rose during the session on Wednesday, continuing to maintain that the 1.0850 level will be supportive. With this, we believe that a little bit of a bounce is probably coming today, but quite frankly...
The GBP/USD pair fell hard during the session on Wednesday, showing a fresh new low by the end of the day. The 1.67 level should continue to be supportive though, and as a result we believe that...
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.36 level towards the end of the day. This is in fact a relatively negative sign, and we believe now that the pair will go...
The AUD/USD pair fell during the course of the session on Wednesday, but found the 0.92 level to be supportive enough to keep the market afloat. Because of this, we think that the market may decide to...
NZD/USD might be due for a bounce this week, as the US gears up to release a downward revision in its Q1 GDP reading. The figure was initially reported at 0.1% but analysts predict that the second...
