The USD/CAD pair fell during the session after initially trying to rally on Thursday. We managed to find the 1.01 level; an area that we suggested would be supportive previously. That area did in fact act as...
The GBP/USD pair initially fell to the 1.50 handle during the session on Thursday, but as you can see got a significant bounce after the bank of England announced that it was essentially doing nothing. However, the...
The EUR/USD pair initially fell during the session on Thursday, but after the ECB meeting we saw the Euro gain quite a bit after it is apparent that the ECB isn’t willing to step in and do...
The AUD/USD pair went back and forth during the session on Thursday, initially rising, only to turn around and triggered the sell orders that would’ve been at the bottom of the Wednesday shooting star.
On its 4-hour time frame, AUD/USD has formed a double top formation as it failed to break past the 1.0500 major psychological resistance over the past few weeks. The neckline of the pattern is at the 1.0400...
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The USD/JPY pair had a negative showing during the session as we went back and forth on Wednesday, hugging the 93 handle. The hammer candle from the Tuesday session suggested that we have support in this general...
The USD/CAD pair initially fell during the session on Wednesday, but as you can see bounced enough to form a bit of a hammer. This hammer suggests that we are going to see continued support just below,...
The GBP/USD pair had a bit of a neutral day with a slightly higher close as the 1.51 level offered support yet again. This area has been very strong lately, and it appears the market is trying...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see by the charts we managed to bounce enough to form a hammer. This looks like a market that’s trying to form a...
