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...
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...
