The EUR/USD pair initially fell during the session on Wednesday, touching as low as 1.3770 by the time we turned back around and close much higher. Part of this would’ve been the Federal Reserve announcing that the...
The AUD/USD pair went back and forth on Wednesday, but proved the 0.9250 level to be supportive. With that being the case, we feel that the market will continue to go higher, and a break above the...
EUR/NZD has been in a massive selling spree over the past couple of trading days, pushing the pair all the way down by at least 150 pips. Using the Fibonacci retracement tool on the 1-hour time frame...
The USD/JPY pair initially tried to rally during the session on Tuesday, but as you can see we found a quite a bit of resistance above, sending the market back down and forming a shooting star. While...
The USD/CAD pair fell hard during the session on Tuesday, slicing through the 1.10 handle. However, there is still plenty of support all the way to the 1.09 handle, so although the candle looks very bearish, we...
The GBP/USD pair tried to rally during the session on Tuesday, but as you can see giveback some of the gains. We’re still well within the consolidation area, so we really don’t see much in the way...
The EUR/USD pair tried to rally during the session on Tuesday, but found enough resistance above to turn things back around and fall. The market close towards the lows of the day, basically predicated upon buying the...
The AUD/USD pair fell during the bulk of the session on Tuesday, but found enough support below the 0.9250 level to form a hammer. This hammer is immediately preceded by a shooting star, so we feel that...
A double bottom pattern can clearly be seen on the daily chart of AUD/NZD, indicating that the recent downtrend is coming to an end. The neckline of the formation is around the 1.0900 to 1.0930 levels, although...
The USD/JPY pair rose during the bulk of the session on Monday, breaking above the 102.50 handle. We did give back a little bit towards the end of the day, but it does in fact look like...
