CAD/JPY has staged such a strong rally recently yet it seems to be reaching an exhaustion at the moment. In fact, a bearish divergence can be seen with price making higher highs and stochastic making lower...
The USD/JPY pair broke out to the upside during the session again on Monday, proving just how strong this pair really is. Quite frankly, it does look a bit on the parabolic side though. With that being...
The USD/CAD pair tried to rally during the session on Monday, but as you can see pullback enough to form a shooting star. This shooting star is pretty wicked looking, and as a result we believe that...
The GBP/USD pair fell during the session on Monday, after initially gapping higher. This is a pretty bearish sign, and at this point time we realize that this market could possibly pull back further. After all, we...
The EUR/USD pair fell during the day on Monday, but as you can see found enough support at the 1.35 level to stay somewhat afloat. Regardless, we feel that this market is probably going to be prone...
The AUD/USD pair fell during the bulk of the session on Monday, but as you can see bounced and formed a nice looking hammer. This hammer suggests that the market is going to go higher, and because...
Just last week, AUD/USD broke below the neckline of the head and shoulders pattern on the 4-hour time frame, indicating that a long-term downtrend might be in the cards. However, the pair looks prime for a retracement...
NZD/USD just broke below the key support level at .8200 last week but it appears that price needs to retrace before heading any lower. On the 1-hour time frame, the 38.2% Fibonacci retracement level is close to...
The USD/JPY pair initially fell during the session on Friday, but as you can see bounced off the 101 handle in order to form a nice looking hammer. This hammer signifies of the market is going to...
The USD/CAD pair shot higher during the session on Friday, but as you can see the market pulled back and formed a shooting star, which of course is a very bearish sign. At the end of the...
