The AUD/USD pair broke through in uptrend line during the session on Tuesday. It slammed into the 0.9250 handle, which of course has been supportive as well. This area could be a significant test for the sellers,...
AUD/USD has been on a steady uptrend, as seen on the 4-hour time frame, but it appears that the rally is slowing down. The pair has formed lower highs from April to May, indicating that sellers are...
The USD/JPY pair broke down below the 11.25 level, an area that has offered a significant amount of support during the session on Monday. However, we bounced high enough to form a hammer, his hammer of course...
The USD/CAD pair initially fell during the session on Monday, but found enough support near the 1.0850 level in order to turn things back around and form a hammer. We believe that this is the significant support...
GBP/USD initially tried to rally during the session on Monday, but turned back around and form a shooting star. Because of this, we feel that the market could have a short-term pullback, but at the end of...
The EUR/USD pair tried to rally during the session on Monday, as the 1.37 level of course offered significant support yet again. However, you can see that a lot of selling pressure did in fact enter the...
The AUD/USD pair fell hard during the session on Monday, but let’s keep in mind that we’re still well within the consolidation range. So while we fell hard in relation to the overall range of trading in...
USD/JPY has been consolidating tighter and tighter inside a descending triangle chart pattern on its daily time frame. This suggests that sellers are trying to push the pair lower but that buyers just won’t let up. A...
The USD/JPY pair went back on forth on Friday, but ultimately couldn’t make up its mind. The market sees plenty of support at the 101.25 level, and as a result it doesn’t surprise us that the market...
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see we fell to the 1.0850 level. With that, we feel that this market will more than likely find buyers down...
