The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but pulled back at the 123 level as we sell quite a bit of resistance. Ultimately, this market is consolidating and we...
The USD/CAD pair initially fell during the day on Tuesday, but found enough support near the 1.33 level to form a bit of a hammer. This is a market that should have quite a bit of volatility...
The GBP/USD pair went back and forth during the course of the session on Tuesday, showing quite a bit of volatility, yet lack of real direction for the day. Ultimately though, we prefer selling this market so...
The EUR/USD pair rallied during the day on Tuesday, bouncing above the 1.06 handle. However, we think this is simply a bit of a “dead cat bounce” of sorts, and therefore we are waiting for resistant candle...
The AUD/USD pair broke higher during the day on Tuesday, clearing the 0.73 level. This is a market that seems it’s ready to continue going higher, but we need to break above the 0.74 level before we...
GBPJPY could be in for a strong rally, as a reversal pattern can be seen on its 1-hour time frame. Price failed in its last two attempts to break below the 184.00 major psychological support and is...
USDJPY has been moving sideways on the short-term time frames, still waiting for more catalysts to spur a trend in either direction. At the moment, price is approaching the top of its range around the 123.75 level....
The USD/JPY pair rose during the day on Monday, as we continue to consolidate in the area that we have been stuck in for a couple of weeks now. Ultimately though, we believe that the nonfarm numbers...
The USD/CAD pair initially fell during the day on Monday, but turned back around near the 1.33 level to bounce and form a bit of a hammer. This hammer of course is a bullish sign and therefore...
The GBP/USD pair went back and forth on Monday, but ultimately settled on a fairly neutral looking candle just above the 1.50 level. It’s an obvious large, round, psychologically significant number, so a bounce off of the...
