The AUD/USD pair fell during the beginning part of the session on Thursday, but turned around and formed a hammer. This hammer, although it looks to be supportive, appears to us to be more consolidation than anything...
The RBNZ decided to keep interest rates unchanged at 2.50%, much to the disappointment of Kiwi bulls expecting to see policy tightening. The pair sold off after the event but might be due to find support at...
The USD/JPY pair fell hard during the session on Wednesday, testing the 102 level. The market did find buyers there, so it appears that there are at least enough people that believe in the uptrend to keep...
The USD/CAD pair initially fell during the session on Wednesday, but found enough support below the 1.11 level in order to bounce and form a hammer. This was especially interesting considering that was the FMOC meeting day...
The GBP/USD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is the second day in a row we have seen as, but it does suggest that the 1.65 level...
The EUR/USD pair fell during the session on Wednesday in preparation for the FMOC release. However, later on in the day we did in fact bounce enough to form a hammer, which of course is a significant...
The AUD/USD pair tried to break above the 0.8 level during the session on Wednesday, but as you can see the market pushed back down as the Australian dollar continues to struggle. This would’ve been exacerbated by...
The USD/JPY pair had another positive session on Tuesday, as the buyers have stepped up pressure again. This market will be especially sensitive to the FMOC meeting announcement later today, so quite frankly we think waiting until...
The USD/CAD pair went back and forth during the session on Tuesday, although it did find support below the 1.11 level. Because of this, it formed a neutral candle that almost looks a little like a hammer,...
The GBP/USD pair went back and forth during the session on Tuesday, essentially settling nothing. This candle is very neutral, and we believe that the area below offers enough support that we really can break down significantly,...
