USD/CHF’s rallies might soon be over, as the pair is approaching a potential resistance level. The .9200 major psychological mark has acted as support in the past and is around the Fibonacci retracement levels on the daily...
The USD/JPY pair went back and forth during the session on Monday, essentially deciding nothing. This looks like a market that could pull back slightly, but quite frankly we think there are plenty of buyers below in...
The USD/CAD pair did very little during the session on Monday, but when he did do was prove that the 1.04 level is going to be supportive again. After all, we did form a hammer, which is...
The GBP/USD pair rose during the session on Monday, as the 0.59 level offered support. As far as we’re concerned, if we can get above the 1.6050 level, this market will continue higher and aim for the...
The EUR/USD pair fell initially during the session on Monday, but found supportive action at the 1.35 region. This area has been important several times in the past, and as a result the market looks ready to...
The AUD/USD pair rose during the session on Monday, but as you can see the 0.95 level is in fact offering a bit of resistance. However, it does appear that the market is going to make a...
EUR/JPY suffered a heavy selloff starting Thursday last week when ECB officials hinted that a rate cut is in the cards. EUR/JPY dropped from the 135.50 area by close to 300 pips before making a quick bounce...
The USD/JPY pair fell during the session on Friday, bouncing off of the 97.50 level in order to form a hammer that was pretty extensive. That shows us that the market wants to go higher, and could...
The USD/CAD pair went back and forth during the session on Friday, but remains supported by the 1.04 level. This area looks like it’s going to support the market going forward, and as a result we are...
The GBP/USD pair fell hard during the session on Friday, crashing into the 1.59 handle. That level offered support previously, and therefore it’s not surprising to see it offer support now.
