The GBP/USD pair fell initially during the session on Monday, but as you can see bounce back above the 1.64 handle by the end of the day. This bullish action of course formed a nice-looking hammer, we now think...
The EUR Ford/USD pair had a slightly positive session on Monday, bouncing off of the 1.36 level in a sign of support. If you look back at late November, you can see that there was a cluster back there...
GBP/USD has broken past the 1.6500 handle last December but failed to sustain its rallies until the start of this year. This suggests that a huge retracement might be in the cards, as the pair gathers more...
The USD/JPY pair fell initially during the session on Friday, but as you can see found enough support at the 104 level to bounce and form a nice-looking hammer. This only reinforces our idea that this market...
The USD/CAD pair fell during the bulk of the session on Friday, but as you can see showed support at the 1.06 handle yet again. This is the bottom of a consolidated area that the market has...
The GBP/USD pair initially try to rally during the session on Friday, but as you can see continue to fall and closed at the 1.64 level. This begins a significant amount of support at this area, so...
The EUR/USD pair fell again for the second session or a row on Friday, challenging the 1.36 support region. There is a significant amount of support below though, so even though this market looks like it’s going...
The AUD/USD pair rallied during the session on Friday, but found enough resistance of the 0.90 level in order to pull back and form a shooting star. This only reinforces the bearishness of this pair, and therefore...
The USD/JPY pair fell hard during the session on Thursday, slicing through the 105 level. However, market conditions are very illiquid so we don’t read too much into this. We expect this pair to continue to meander...
The USD/CAD pair fell during the bulk of the session on Thursday, but found the 1.06 handle supportive yet again. We believe this continues the consolidation pattern of 1.06 be in the bottom, while 1.07 or so...
