EUR/USD is trading inside a symmetrical triangle on its 4-hour time frame as traders can’t quite establish a clear direction on the pair. Price is testing the top of the triangle around the 1.3875 levels but stochastic...
The USD/JPY pair initially fell during the session on Thursday, but turned that the things back around in order to form a little bit of a hammer. This hammer suggests that we are in fact going to...
The USD/CAD pair rallied during the session on Thursday, but found enough resistance of the 1.10 level to turn things back around and form a shooting star. The shooting star of course suggests that we are going...
The GBP/USD pair rose during much of the session on Thursday, but ran into a bit of trouble once we get above the 1.69 level. With that we feel that the market might pull back a little...
The EUR/USD pair tried to rally during the session on Thursday, but in the end the sellers came into play and push the market back down. The resulting candle of course was a shooting star, and then...
The AUD/USD pair went back and forth during the session on Thursday, showing that the market is still continue to go sideways just above the 0.9250 level. With that, we feel that the market is simply taking...
AUD/CAD is currently testing a falling trend line on its 1-hour time frame, as it has pulled up after reaching the 1.0150 minor psychological support. The pair could now find resistance at the 38.2% to 50% Fib...
The USD/JPY pair fell during most of the session on Wednesday, but found support near the 102 handle. With that, it appears this market is ready to find buyers every time it falls, something that we have...
The USD/CAD pair tried to rally during the session on Wednesday, but fell back down and formed a shooting star. The shooting star of course is a very sign, and therefore we begin to wonder whether or...
The GBP/USD pair broke out to the upside during the session on Wednesday, and as a result we feel that the next leg higher has started. This should send this market to the 1.70 handle given enough...
