The AUD/USD pair rose slightly during the day on Thursday, as we continue to see bullish pressure. However, the 0.77 level above continues offer resistance, so we need a break above there before we can start buying...
EURGBP is trending higher on its 1-hour time frame, moving inside an ascending channel and signaling a possible upside break. Price has formed a bullish flag on the channel resistance at the .8475 area, with an upside...
The USD/JPY pair initially drifted lower during the course of the session on Wednesday, but bounced enough to form a bit of a hammer. The hammer of course is likely to be a sign of support, and...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but turned back around to form a bit of a shooting star. There is a massive amount of support below though, especially...
The GBP/USD pair did nothing during the course of the day on Wednesday, as we continue to consolidate in general. I still believe that the 1.35 level above is massively resistive and the resistance extends all the...
The EUR/USD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level. If we can break down below the 1.1150 level,...
The AUD/USD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle. There is quite a bit of support just below though, so ultimately it’s very likely that...
EURUSD has been trending lower on its 4-hour time frame, moving inside a descending channel and currently testing the resistance. If this area keeps gains in check, price could head back to the channel support at the...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but turned around to form a very negative candle. This negative candle looks very much like a market that’s trying to reach...
The USD/CAD pair initially fell during the course of the session on Tuesday, crashing into the 1.30 level below. By doing so, they found quite a bit of buyers and we bounced enough to form a nice-looking...
