The EUR/USD pair fell during the Friday session, as the 50-day exponential moving average offered dynamic resistance. However, the weekly candle is a hammer, which is bullish. Because of this, I think the thing that we are...
The AUD/USD pair initially tried to rally on Friday, but then dropped down to the 0.7650 region. I think their significant support at the 0.76 handle underneath, so I’m waiting to see whether or not the market...
The USD/JPY pair fell a bit during the day on Thursday, clearing the bottom of the shooting star from Wednesday. This of course is a negative sign but I think there’s plenty of support just below and...
The USD/CAD pair fell a bit during the day on Thursday, testing the 1.30 level. That is an area that has offered quite a bit of support in the past, and it looks as if it is...
The British pound rallied during the day on Thursday, showing signs of strength again. However, the 1.25 level seems to be a bit of a fulcrum for action, so unsurprisingly we stalled a bit there. I think...
The EUR/USD pair rallied during the day on Thursday, breaking above the top of the hammer from the previous session, this of course is a very bullish sign. However, the 50-day exponential moving averages just above and...
AUD/USD had an interesting session during the Thursday trading hours, as we reached towards the 0.7750 level. We turned around to form and exhaustive candle, and as a result I think we will more than likely try...
The USD/JPY pair initially rallied on Wednesday, testing the 115 level where it met quite a bit of resistance. We did pull back, but on short-term charts it looks as if the buyers are still very active....
The USD/CAD pair initially tried to rally during the day on Wednesday, but found the 1.31 level to be a bit too resistive. We turned around, and I believe this signifies that we’re going to bounce around...
The GBP/USD pair initially fell during the day on Wednesday, but turned around to form a hammer. The hammer of course is a bullish sign, and I believe that the hammer gives us an opportunity to buy...
