The GBP/USD pair went back and forth wildly on Wednesday just as it had on both Monday and Tuesday. Looking at this, we suspect that the 1.58 level is trying to hold a support, after a significant...
EUR/USD went back and forth during the session on Wednesday a very similar manner as to how I did it on Tuesday. Because of this, the market does look very confused and like it wants to grind...
The AUD/USD pair fell during most of the session on Wednesday, but bounced that the 1.0530 level in order to form a bit of a hammer. With this being said, it does look like a market that’s...
After failing to surpass the 1.0500 mark and falling 53 pips in earlier exchanges, the Aussie-Loonie pair is making another hike. The Canadian dollar is projected to pare earlier gains from its Australian counterpart as investor sentiment...
The yen saw significant gains against both the euro and US dollar throughout yesterday’s trading session, after the Bank of Japan announced that their measures to increase inflation were not quite as strong as forecasted.
The USD/JPY pair fell during the session on Tuesday, after the Bank of Japan announced its plans for monetary easing. It wasn’t really a matter of being disappointed, more of a “sell on the news” type of...
The USD/CAD pair initially rallied during the session on Tuesday, but found the 0.9950 level far too resistant yet again. Because of this, we formed a candle that looks somewhat like a shooting star it certainly looks...
The GBP/USD pair went back and forth during the session on Tuesday, but essentially ended up flat. The 1.58 level just below should be massively supportive, as it was the top of the ascending triangle that sent...
The EUR/USD pair went back and forth during the session on Tuesday, but closed well above the 1.33 handle. This shows us that 1.33 should continue to offer support, and that the real risk in this pair...
The AUD/USD pair had a strong showing on Tuesday after the slightly bullish candle on Monday. We are now at the very top of the range, which of course is bordered by the 1.06 handle which has...
