The USD/CAD pair initially try to rally during the session on Monday, but turned back around based upon the shooting star that we had formed on Friday. That selling pressure push the market lower, but we are...
The GBP/USD pair fell initially during the session on Monday, but as you can see bounced off of the 1.66 level in order to form a hammer. With that, we are believers that this market should continue...
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...
AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...
The USD CAD pair tried to rally during the session on Friday, but as you can see failed to hang onto the gains. Because of this, we ended up forming a shooting star as the 1.12 level...
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...
