The USD/CAD pair fell during the session on Wednesday, testing the bottom of the hammer that had been formed on Tuesday. However, most important candle on this chart that we see at the moment is the shooting...
GBP/USD fell fairly hard during the session on Wednesday, cracking down to the 1.53 handle during the session. We have targeted the 1.5250 level, and as a result we are still short of this market. We expect...
The EUR/USD pair fell during the session on Wednesday, slamming into the 1.30 level again. This level is obviously supportive, and as a result of course we managed to bounce a little bit from that handle.
The AUD/USD pair rallied during the session on Wednesday, but as you can see the 0.93 handle was far too resistive in order for the market to continue higher. The resulting daily candle is a shooting star...
GBP/JPY is on a short-term downtrend based on its 1-hour time frame. The pair has made lower lows and lower highs, forming a falling channel.
The USD/JPY pair fell during most of the session on Tuesday, but as you can see got a bit later in the day in order to form a hammer. This hammer suggests to us that the market...
The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...
The GBP/USD pair fell during the session on Tuesday, but did find a bit of support near the 1.54 handle in order to form a neutral candle the looks somewhat like a hammer.
The EUR/USD pair had a negative session on Tuesday as we managed to break back below the 1.31 handle. At the end of the day though, the same area that had proved supportive on Monday showed itself...
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced again in order to form a hammer for the second session in a row. This market looks like it’s ready to bounce,...
