The EUR/USD pair initially tried to rally during the course of the day on Thursday, but struggled at the 1.13 region. Because of this, we ended up giving back about half of the gains which course doesn’t...
The AUD/USD pair initially fell during the course of the session on Thursday, breaking well below the 0.70 level. However, we found more than enough support just below to turn things back around and form a hammer....
EURJPY previously broke below a double top formation on its short-term time frames, signaling that a downtrend is in order. However, the pair enjoyed a bit of relief rally in recent trading sessions, allowing price to pull...
The USD/JPY pair went back and forth during the day but settled on a slightly positive candle. It appears that the market is basically “stuck” to the 120 handle. Because of this, we are simply sitting on...
The USD/CAD pair initially tried to fall during the course of the day on Wednesday but found enough support to turn things back around and form a bit of a hammer. We believe that this market is...
The GBP/USD pair fell during the course of the day on Wednesday, testing the 1.52 level. With that, the market looks as if the market is going to try to break down below there, but a short-term...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 50 day exponential moving average. The 1.12 level above is going to be resistive as well, but if we can break above...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but turned back around near the 0.71 level in order to fall significantly and form a bit of a shooting star. Because...
After breaking below the short-term support and indicating further downside momentum, EURGBP is showing signs of a potential pullback to the broken support. Using the Fibonacci retracement tool on the latest swing high and low on the...
The USD/JPY pair fell during the course of the session on Tuesday, as we continue to bounce around the 120 handle. This is an area that’s been very magnetic as far as the markets are concerned, and...
