The AUD/USD pair rose during the session on Monday, breaking above the 0.90 handle, which of course is impressive. However, we have stated recently that we are a bit leery of going long of this market until...
GBP/USD is still on an uptrend, despite the sharp selloff that occurred recently. The pair has just bounced off the bottom of the rising channel on the 1-hour time frame as indicating potential rallies. Stochastic is moving...
The USD/JPY pair initially rose during the session on Friday, but turned back around the 105.50 level in order to fall all the way down to the 104 level. The resulting candle was based upon the nonfarm...
The USD/CAD pair rose again during the session on Friday, even with a weaker than anticipated jobs report out of the United States. This was mainly because the Canadian jobs report was just as bad, and as...
The GBP/USD pair had an interesting session on Friday, as it had initially sold off drastically, but as you can see bounced hard enough to close just below the 1.65 level. The resulting candle is a massive...
The EUR/USD pair fell initially during the session on Friday, but as the jobs number out of America came in very light, the market shot in the Euros favor. That being the case, the market clear the...
The AUD/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers cannot weaker than anticipated. Because of this, the market seems to be suggesting that the Federal Reserve will be tapering anytime...
AUD/USD is testing a major support level, as seen on its daily time frame. The pair has previously bounced off the .8850 to .8900 area in the past but has formed a bearish flag right on that...
USD/JPY went back and forth on Thursday, essentially hovering below the 105 handle. This is not much of a surprise as the nonfarm payroll numbers come out later today, which of course greatly influences this pair of...
The USD/CAD pair rose during the session on Thursday, but as you can see struggle that once we get close to the 1.09 handle. The resulting candle is a shooting star, which of course is a very...
