The AUD/USD pair rose during the session on Tuesday, fulfilling the idea that a break of the shooting star from the Monday session would be a very positive sign. We believe that the market is now heading...
USD/JPY has been trading inside a rising channel for quite some time but the range broke earlier this week. This suggests that a downtrend might be in the works, possibly after a quick retest of the broken...
The USD/JPY pair fell initially on a gap lower at the open on Monday, but as you can see filled that gap during the rest of the day. That being the case, the campus now filled and...
The USD/CAD pair fell during the session on Monday, but found enough support near the 1.0270 handle in order to bounce and form a nice looking hammer. This hammer is essentially focused on the 1.03 area, and...
The GBP/USD pair initially fell during the session on Monday, but as you can see found enough support to bounce and form a relatively nice looking hammer. This hammer of course suggests that we are going higher,...
The EUR/USD pair tried to rally during the session on Monday, but as you can see did not hang onto most of the gains the 1.35 level continues to be a magnet for this pair, and as...
The AUD/USD pair rose during the session on Monday, but fell backwards as the buyers lost control. The resulting candle is a shooting star, which is of course a very bearish sign. That being the case we...