The AUD/USD pair fell during the session on Tuesday, but as you can see got a little bit of a bounce off of the 0.8950 handle. The resulting bounce formed a hammer, which of course formed right...
The yen managed to rise against all of its 16 major counterparts in Asian Tuesday trading, increasing its appeal to investors as a safe-haven currency, especially after a sell-off in emerging markets.
The USD/JPY a pair tried to fall during the session on Monday, but as you can see bounced slightly to close around the 98.50 level. This area of course has been supportive in the past, and therefore...
The USD/CAD pair tried to rally during the session on Monday, but as you can see failed during the day in order to form a shooting star for the second day in a row.
The GBP/USD pair did very little during the session on Monday, as you can see essentially closing the market unchanged. We are in between two significant areas in the former 1.55, and the 1.5750 level.
The EUR/USD pair fell slightly during the session on Monday, but as you can see remains well within the consolidation area that we have been in for some time.
The AUD/USD pair went back and forth during the session on Monday, bouncing off of the 0.90 handle again. In the end though, the markets were basically unchanged, in this suggests that the markets are ready to...
The ascending channel on EUR/USD’s 4-hour time frame is still pretty solid for now, as the pair just bounced off the bottom recently and is trading around the middle.
The USD/JPY pair went back and forth during the session on Friday, but essentially ended up nowhere by the end of the day. There is a cluster of resistance above from the early part of July, and...
The USD/CAD pair rose during the session initially on Friday, but as you can see failed to hang onto gains, and formed a wicked looking shooting star. However, we feel that this market is only getting ready...
