The GBP/USD pair tried to rally during the session on Monday, but as you can see failed to hang onto the gains for any great length of time. Doesn’t really matter though, this is a market that...
The EUR/USD pair rose during the session on Monday, breaking through the 1.37 level at one point during the day. However, there is a significant amount resistance between here and the 1.38 level, so we think that ultimately this...
The AUD/USD pair tried to rally on Monday, but as you can see gave back most of the gains. The resulting candle is a little bit of a shooting star, so break lower is enough to get us to...
The USD/JPY pair went back and forth during the session on Friday, but essentially ended up running a shooting star. We are sitting just above the 104 level, and think that this market is getting ready to...
The USD/CAD pair tried to break out to the upside on Friday, but as you can see above the 1.07 level ran into a bit of trouble and ended up pulling back and forming a shooting star....
The GBP/USD pair did very little during the session on Friday, as we continue to hover around the 1.6350 handle. This market looks like it’s quieting down for the holiday season, but we do believe that ultimately...
The EUR/USD pair banged around during the session on Friday, ultimately putting out a positive candle, but at the end of the day it still has a fairly neutral feel to it. The market looks like it’s...
The AUD/USD pair had a positive session on Friday, as the market continues to try and fight the downtrend that we have seen recently. However, the 0.90 level should continue to offer resistance going forward, and as...
The US Commerce Department released its final third-quarter GDP figure which came in 0.5% higher than the previous estimate and now shows an annualized GDP growth rate of 4.1%. The data was especially well received after the...
USD/CHF is still trending lower on its 4-hour time frame, despite the strong bounce seen after the FOMC interest rate statement. The pair has dipped to new yearly lows around the .8850 area and might be ready...
