The GBP/USD pair try to rally during the session on Friday, but gave back all of the gains above the 1.67 level in order to form a shooting star. The market is still overly bullish though, and...
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...
The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a...
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support near the 101.50 level in order to bounce and form a hammer for the second session in a row. This suggests...
The USD/CAD pair rose during the session on Thursday, albeit slightly. The market continues to try and break above the 1.11 handle, and of course the large round number will cause a little bit of a reaction....
The GBP/USD pair went back and forth during the session on Thursday, settling for a slightly negative candle. However, we find most interesting about this pair right now is that it seems to be running out of...
The EUR/USD pair went back and forth in a fairly wide range during the session on Thursday in order to print a neutral candle. This neutral candle doesn’t exactly inspire confidence in one direction or the other,...
The AUD/USD pair fell hard during the session initially on Thursday, but found enough support just above the 0.89 level in order to bounce higher and form a nice-looking hammer. This hammer is essentially based on the...
USD/CHF is currently testing a major support level, as can be seen on the longer-term time frames. This is in line with the .8900 major psychological level which has held for the past few months. Stochastic...
The USD/JPY pair initially fell during the session on Wednesday, but found enough support down near the 102 level to bounce and form a hammer. This hammer shows that the market is still trying to fight in...
