The GBP/USD pair fell during the session on Tuesday, slamming into the 1.60 level. The market has been consolidating in this general area for some time now, and because of this we are looking like a market...
The EUR/USD pair fell during the session on Tuesday, showing that we are starting to slow down and perhaps lose a little bit of the upward momentum. However, the 1.37 level should offer support based upon the...
The AUD/USD pair fell hard during the session on Tuesday, breaking through the 0.95 level. This is an area that should start to cause support though, and as a result we are not willing to sell this...
On its 4-hour time frame, AUD/USD’s highs and lows can be connected to form an ascending channel. This shows that the pair’s uptrend is still intact, provided that the bottom of the channel holds as support for...
The USD/JPY pair rose during the session on Monday, but as you can see we are still well within a relatively tight consolidation range that runs all the way up to the 98.50 area.
The USD/CAD pair tried to fall during the session on Monday, but as you can see bounced hard off of the 1.04 handle in order to form a pretty decent looking hammer. That being the case, we...
The GBP/USD pair attempted to rally during the session on Monday, as you can see failed by the time we close the market. That being the case, we did form a shooting star, but quite frankly even...
The EUR/USD pair fell during the session on Monday, but as you can see stays well within the previous consolidation area and thereby not really making a statement in one direction or the other.
The AUD/USD pair fell hard during the session on Monday, after initially trying to rally. However, the range wasn’t as impressive as one would expect, and it now looks like the pair is probably going to grind...
There isn’t much in terms of data in today’s economic schedule, but there could be an opportunity for a quick scalp trade for GBP/USD. The UK is set to print its CBI realized sales report at 12:00...
