The GBP/USD pair had a pretty volatile session on Thursday, but ultimately settled on selling off for the day. This market looks like it’s trying to continue to go lower, perhaps trying to reach the 1.65 level....
The EUR/USD pair initially try to rally during the session on Thursday, but fell hard enough to slam back into the 1.37 level. That area has been supportive several times now, and as a result we think...
The AUD/USD pair fell during most of the session on Thursday, but found enough support to turn things back around and form a hammer. They hammer of course is a sign of bullishness, but we can some...
USD/JPY is testing a key resistance level at the 104.00 major psychological mark prior to the release of the US non-farm payrolls figure today. Analysts are expecting to see a 200K increase in hiring, higher than the...
AUD/USD has formed a reversal pattern on its 1-hour time frame, indicating that the uptrend may be over and that a selloff is ready to take place. The pair is still testing the neckline around the .9225...
The non-farm payroll report or NFP report will be released in less than 48hours and many market participants look forward to this report in order to guide them through the rest of the trading month. January’s report...
Despite the sharp selloff that took place in today’s Asian trading session and the double top pattern that formed on the short-term time frames, NZD/USD’s uptrend is still intact. The pair is currently testing the rising trend...
The USD/JPY pair rose during the session on Tuesday, shooting straight up in the air. The market still sits just below the most recent high, but it is so close the one has to think that sooner...
The USD/CAD pair fell during the session on Tuesday, showing the 1.10 level to be supportive yet again. We believe that this area is going to be rather supportive in the near term, as we await to...
The GBP/USD pair fell during the session on Tuesday, but did not break below the lows from the Monday session. With that, we feel that the market will simply go sideways in the short-term, but if we...
