The GBP/USD pair fell initially during the session on Monday, but found enough support near the 1.71 level to go ahead and balance to form a hammer like candle. This suggests that this market should continue higher,...
The EUR/USD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher. This market of course formed a hammer for the day, which seems to...
The AUD/USD pair initially fell during the session on Monday, but found enough support below in order to turn things back around and form a hammer. The hammer of course suggests that the market is going to...
On Thursday forex traders received a rather big NFP report. As you know the NFP report is usually released on Friday’s, but due to the Independence Day holiday celebrated on Friday the report was moved to Thursday....
The USD/JPY pair fell slightly during the session on Friday, but with the Americans away for the Independence Day holiday, we feel that this market should continue to find buyers eventually and the slightly negative candle for...
The USD/CAD pair had a slightly positive session on Friday, as we continue to walk along the uptrend line that has been so influential in this market lately. As long as we are above the 1.06 level,...
The GBP/USD pair went back and forth on Friday, hanging about the 1.7150 level. This market looks extraordinarily bullish at this point in time, so a break of the top of the range for the Friday session...
The EUR/USD pair fell during the session on Friday, but needless to say since the Americans were celebrating Independence Day, liquidity would have been a bit of an issue. We are starting to bounce around the 1.36...
The AUD/USD pair rose slightly during the session on Friday, testing the 0.9350 level for support. That being the case, the market looks like it’s ready to bounce from here and head back towards the 0.9450 handle....
The USD/JPY pair did in fact go much higher during the session on Thursday as the job summer came out better than anticipated. Because of this, it appears that the Federal Reserve is just that much closer...
