The short-term selloff on GBP/JPY may soon be over, as a classic reversal chart pattern has formed on GBP/JPY’s 1-hour time frame. A double bottom can be seen after the pair tested the support around 167.75 a...
The USD/JPY pair did very little during the session on Thursday, hovering just below the 102.50 handle. The market looks as if it is trying to break out, but we are just below a significant amount of...
The USD/CAD pair tried to rally during the session on Thursday, but as you can see the 1.1250 level offered far too much in the way of resistance. This made the market pulled back and form a...
The GBP/USD pair try to rally during the session on Thursday, but failed to hang onto the gains. With that being the case, we also dipped below the 1.65 handle. At the end of the day, we...
The EUR/USD pair fell during the session on Thursday, clearing the 1.38 level to the downside. The market is starting to head towards a cluster of trading near the 1.37 handle, so it doesn’t surprise us that...
The AUD/USD pair initially fell on Thursday, but found enough support at the 0.90 level in order to bounce and form a hammer. This of course is a very bullish sign, and as a massive large round...
The USD/JPY pair when higher during the session on Wednesday, as the Federal Reserve announced that it believed short-term interest rates would reach 1% by the end of next year. That is stronger and higher than originally...
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.12 level finally. This is an area that we have been talking about for some time now, suggesting that it was the resistance that needed...
The GBP/USD pair originally when higher during the session on Wednesday, but as you can see the 1.6650 level offered enough resistance to push the market back down. We fell as low as 1.65 during the session,...
The EUR/USD pair fell hard during the session on Wednesday after the Federal Reserve announced that it expect a short-term interest rates to be at roughly 1% by the end of next year. This suggests that interest...
