The AUD/USD pair rallied during the day on Thursday, testing the 0.75 level. That’s an area that I believe should be rather resistive, so if we can break above the top of the range for the session...
The USD/JPY pair rallied during the day on Wednesday, turning back around to form a shooting star. However, there is a significant amount of support underneath near the 115 level, so I believe that sooner rather than...
The USD/CAD pair tried to rally on Wednesday again, but again found quite a bit of resistance above. Part of this would’ve been due to the volatility in the oil market, and it now looks as if...
The GBP/USD pair fell on Wednesday, testing the 1.20 level. We found enough support there to turn the market back around but I believe that the downward momentum continues. If we can break below the 1.20 level,...
The EUR/USD pair broke down below the 1.05 level during the day on Wednesday, as it suggests that we are going to continue to go lower. Because of this, the market should then reach down to the...
The AUD/USD pair broke higher on Wednesday, breaking above the top of the Tuesday session showing significant strength again. There is a lot of noise above, extending all the way to the 0.75 level, and we are...
The USD/JPY pair fell on Tuesday, testing the 115 level for support, which it looks as if it is finding. However, we need to see some type of bounce or supportive candle to go long at this...
The USD/CAD pair went back and forth on Tuesday, but remains above the vital uptrend line marked on my chart. As long as we are above there, I believe that the buyers still have a good chance...
The British pound initially fell on Tuesday, but found enough support to turn things around and form a hammer. This of course is a bullish sign but I think is a short-term strength at best. A simple...
The EUR/USD pair tried to rally on Tuesday but gave back most of the gains in an unimpressive display. I still believe in the downside of this market, and then selling rallies is essentially taking advantage of...
