GBPJPY has been trending lower across multiple time frames, moving below a descending trend line on its 4-hour forex chart. Price is currently pulling up to the resistance area and might be ready to resume its drop...
The USD/JPY pair went back and forth during the course of the day on Wednesday, as we ended up forming a fairly neutral candle. This neutral candle was towards the bottom of the recent action, so therefore...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday but turned back around. As we continue to consolidate, we cannot help but recognize that there could be a buying opportunity in...
The GBP/USD pair fell significantly during the course of the day on Wednesday, breaking below the 1.40 level. By doing so, the market looks as if it is vulnerable to the downside and a break of the...
The EUR/USD pair fell significantly during the course of the day on Wednesday, but turned back around and closed above the 1.10 handle. That being the case, if we can break above the top of the hammer...
The AUD/USD pair initially fell during the day on Wednesday, but found buyers near the 0.7125 level. By doing so, we turned around to form a hammer and it looks as if we are trying to build...
USDJPY has been trending lower recently, moving below a descending trend line connecting the latest highs of price action on the 1-hour chart. Price is currently testing this trend line and might be due for another drop....
The USD/JPY pair fell during the day but found a little bit of support during the session in order to show that the 112 level has some bearing on the market. If we can break down below...
The USD/CAD pair tried to rally during the course of the session on Tuesday, but turned right back around to form a somewhat negative candle. Because of this, the market should continue to chop around back and...
The GBP/USD pair fell during the course of the day on Tuesday, testing the 1.40 level below. Once we get below there though, the market should continue to go even lower. Rallies at this point in time...
