The EUR/USD pair ripped to the upside on Thursday, breaking above the 1.29 handle again. However, we had anticipated that this market will simply going to bounce around between the 1.28 handle on the downside, and the...
The AUD/USD pair bounced nicely off of the 0.9650 level during the session on Thursday, which is to be expected as it is a long-term support level. The resulting candle is in quite a hammer, but it...
The USD/JPY pair had a positive showing during the session on Wednesday, as we managed to break above the most recent highs, but did get back about half of the gains. Nonetheless, this doesn’t really change our...
The GBP/USD pair fell during the session on Wednesday, testing the 1.50 handle that we had suggested was a target recently. This level appears to be supportive enough that the market is down slightly, and because of...
The USD/CAD pair rose during the session in reaction to an overall US dollar rally. The Federal Reserve Chairman spoke in front of Congress during the day suggesting that monetary policy could be changing relatively soon.
The EUR/USD pair initially rallied during the Wednesday session, but as you can see the 1.30 level brought out a lot of sellers, and we close much lower. This massive shooting star of course suggests significant weakness,...
The AUD/USD pair fell during the session on Wednesday as the market found the 0.9650 support level. This area is a significant support level on the longer-term charts as well, so the bounce of course would not...
The USD/JPY pair managed to make a small amount of gains during the session on Tuesday, and by giving back some of it, the pair formed a bit of a shooting star. However, we still see plenty...
The USD/CAD pair rallied during the session on Tuesday, breaking above the 1.03 level yet again. However, the level offers enough resistance that the market is struggling with the area.
The GBP/USD pair fell rather sharply during the session on Tuesday, as the 1.5250 reaching yet again caused quite a bit of resistance. This pair looks like it’s ready to continue lower, and as a result we...
