The AUD/USD pair had a positive showing on Wednesday, which of course needed to happen if there was any hope whatsoever of this market not completely falling off of a cliff. This being the case, we think...
USD/CAD’s uptrend is still very strong as the rising channel on its shorter-term time frame is still holding. The pair recently found support at the bottom, which is near 1.0350, and bounced right back up when the...
The USD/JPY pair rose during the session on Tuesday, smashing through 102 level again. This market is supported by the Bank of Japan, and as a result we certainly wouldn’t short it. In fact, the ascending triangle...
The USD/CAD pair has broken above the 1.04 level on Tuesday, and as a result we feel that this market will continue higher. There is a bit of resistance of the 1.05 handle, but in the end...
The GBP/USD pair fell drastically during the session on Tuesday, and close towards the very bottom of the range. However, the 1.50 level is extraordinarily supportive, and of course vital based upon the fact that it is...
The EUR/USD pair fell hard during the session on Tuesday, as we had anticipated. We managed to break the bottom of the shooting star from the Friday session, which of course found 20 resistance of the 1.30...
The AUD/USD pair tried to rally above the 0.9650 level, but in the end failed miserably. The resulting candle was a shooting star, which of course is always a very sign. This shooting star sits right on...
The dollar climbed against most of its major currency counterparts in early Tuesday session on traders’ expectations for an improved Consumer Confidence and House Prices due for publishing today.
AUD/USD is once more sitting at a key inflection point, which has been an established support level on longer-term time frames. There is no report scheduled for release from Australia today, as this pair could be driven...
The USD/JPY pair fell slightly during the session on Monday, but bounced enough to form a neutral candle. The candle shows almost no range, so because of this we still look at the 101 handle as the...
