The USD/JPY pair rose during the session on Monday, breaking out above the 103 level. That is a significant break out as far as we’re concerned, showing that we will continue to have bullish pressure to the...
The USD/CAD pair fell initially during the session on Monday, but as you can see found the 1.10 level to be supportive enough to bounce significantly and form a hammer. This is the second hammer in a...
The GBP/USD pair initially fell during the session on Monday, but found enough support below the range for the day that the market bounce back up and formed a hammer. This hammer of course suggests that we...
The EUR/USD pair rose during the session on Monday, but had a very volatile trading range as we went back and forth. Ultimately, the market only gained fractionally, and as a result we are still my convinced...
The AUD/USD pair initially fell during the session on Monday, but found the 0.9250 level to be supportive enough to bounce the market back around and form a hammer. This hammer of course is a buying opportunity...
On its daily time frame, USD/CHF has retraced to an area of interest around the .8900 major psychological level. This area served as support in the past and might hold as resistance moving forward. Stochastic is already...
The USD/JPY pair rose during the session on Friday, breaking above the recent resistance that we’ve seen. However, we still see plenty of resistance above, so it’s not necessarily the “all clear” signal that we are hoping...
The USD/CAD pair fell during the bulk of the session on Friday, but found enough support at the 1.10 level to turn things back around and form a little bit of a hammer. This suggests that we...
The GBP/USD pair rose during the session on Friday, plowing towards the 1.6650 handle. That is an area that has offered a bit of resistance in support previously, so wouldn’t surprise us to see this market pullback...
The EUR/USD pair initially fell during the session on Friday, but bounced enough to form a hammer. This hammer suggests that we are going to continue to grind away in this general vicinity, and as a result...
