The USD/CAD pair initially fell during the session on Wednesday, but as you can see found enough support to turn things back around and shoot straight through the 1.10 level. Because of this, we initiated long positions...
The cable pair went back and forth during the session on Wednesday, printing a neutral candle. The fact that we had a fairly wide range for the session and couldn’t really decide anything suggests to us that...
The EUR/USD pair fell during the session on Wednesday, retracing back some of the gains from the Tuesday session. It was in this area that we and anticipated the market would struggle, and quite frankly we would...
The AUD/USD pair initially rallied during the session on Wednesday, but found the area above to be far too resistive yet again. This is the second shooting star in a row, and as a result we feel...
The British Pound tumbled today as economic reports out of the UK surprised forex traders who were counting on better data. Minutes from the last Monetary Policy Committee, or MPC, from the Bank of England also suggested...
Thanks to the recent upward revision in the BOE’s growth and inflation forecasts, combined with the BOJ’s easing bias, GBP/JPY has been climbing up the charts and trading above a rising trend line on the 1-hour time...
GBP/USD has made a stellar rally in the past few trading days, but it appears that the climb is losing steam and the pair needs to make a pullback. On the 1-hour chart, it can be seen...
The USD/JPY pair rose during the session on Monday, testing the 102 level again. This area could offer a little bit of resistance, but ultimately we believe that the market will in fact go higher. In fact,...
The USD/CAD pair did very little during the session on Monday which of course wasn’t much of a surprise with it being a holiday in the United States. Presidents’ Day is an exactly a massive one, but...
The GBP/USD pair initially try to rally during the session on Monday, but found the area above the 1.68 level as being far too rich, and pulled back. Towards the end of the day we sat around...
