The GBP/USD pair fell during the session on Thursday, but found enough support to form a hammer. This hammer suggests that the market is in fact going to find significant support here, and stay within the previous...
The EUR/USD pair try to rally on Thursday, but pulled back slightly in order to form a little bit of a shooting star. However, the 1.3550 level below is massively supportive, so we don’t necessarily read too...
The AUD/USD pair fell hard during the session on Thursday, and at one point in time actually broke below the 0.88 level. However, towards the end of the day we saw enough support in this market to...
Thanks to Australia’s weaker than expected jobs data, AUD/JPY finally broke below that short-term consolidation on the top of the falling channel on its 4-hour time frame. At the same time, the yen could continue to gain...
The USD/JPY pair rose during the session on Wednesday, but failed to break above the 105 level. However, we do feel that this market is eventually going to do so, and believe that long-term opportunities will present...
The USD/CAD pair initially rose during the session on Wednesday, almost touching the 1.10 level. As you can tell, the market did pull back from that area though, and we did in fact end up forming a...
The GBP/USD pair fell during the session on Wednesday, going all the way down to the 1.6350 area. However, that area has offered support yet again, and as a result it looks like we’re simply going to...
The EUR/USD pair fell during the session on Wednesday, testing the 1.36 level. The area is the beginning of significant support all the way down to the 1.3550 handle, so therefore we need to close below that...
The AUD/USD pair fell during the session on Wednesday, testing the 0.89 level for support. That area of course offered support, and therefore we bounce slightly from it. However, we believe that the market will continue to...
While many traders may be a little disconnected from reality and push equity markets higher while selected currency pairs remain stuck in their overextended trends which is a very unhealthy combination and equity traders as well as...
