The EUR/USD pair fell during the session on Friday, but as you can see found the 1.37 level to be supportive again. Because of this, we feel that ultimately this market is probably getting ready to bounce,...
The AUD/USD pair went back and forth on Friday, ultimately settling on a relatively unchanged candle. The shape of the candle is a bit like a hammer, but quite frankly we been grinding away sideways at the...
A reversal chart pattern can be seen on the 4-hour time frame of AUD/CAD, indicating that the pair’s climb may be cut short and may soon reverse. The heand and shoulders formation has a neckline around the...
The USD/JPY pair rose initially during the session on Thursday, testing the 102 area. This area pushed the market back down, and sent it all the way down to the 101.25 region. This is the area that...
The USD/CAD pair fell during the session on Thursday, found enough support in the previous consolidation area to bounce and form a little bit of a hammer. That hammer could lead to a move higher, but we...
GBP/USD initially fell during the session on Thursday, but found enough support below the 1.6750 area to turn things back around and form a hammer. A break above the top of the hammer should send this market...
The EUR/USD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring...
The AUD/USD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle. This neutral candle suggests that the market is and quite ready to make a decision yet, although it is...
NZD/JPY is currently finding resistance at the top of a rising wedge pattern visible on the pair’s daily time frame. A shorter-term head and shoulders pattern can be seen, with a breakdown from the neckline still pending....
The USD/JPY pair fell during the course of the session on Wednesday, slamming into the trend line that has been supporting this market for some time. That being the case, it appears that the market will continue...
