The USD/CAD pair fell during the session on Tuesday, slicing through the 1.04 handle again. That suggests to us that we are simply going to consolidate in this general vicinity for the short term, and as a...
The GBP/USD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a green hammer by the end of the day. We think that this market is going to the...
The EUR/USD pair rose during the session on Tuesday, breaking the top of all three of the previous hammers that had been printed on the daily chart. We had suggested that the 1.30 level is going to...
The AUD/USD pair rose during the session on Tuesday, launching from the supportive candle that we had formed on Monday. However, you can see that we are approaching the top of the recent consolidation area, and beyond...
The change in the yield differential which has been altered over the last couple of trading session has allowed the sterling to hold support levels, in the face of a strong dollar which could now face continued...
GBP/USD is making a tight consolidation pattern on its shorter-term time frames (1-hour and 15-minute charts), as traders await the release of the UK CPI data.
The USD/JPY pair rose during the session on Monday, but as you can see the 100 level has offered far too much resistance for the market to overcome. However, we are not about to start selling this...
The USD/CAD pair rose during the session on Monday, breaking above the 1.04 level. However, we did not break the top of the candle from Thursday that we had suggested was a signal.
The market pulled back during the session on Monday, but as you can see the GBP/USD pair found enough support at the 1.50 handle in order to bounce and form a hammer. The hammer as you can...
The EUR/USD pair fell during the session on Monday, but as you can see the 1.30 level offered enough support to make the market bounce and form a hammer. This hammer looks very supportive, just as the...
