After months of consolidation inside a 300-pip range, GBP/USD finally made an upside breakout as it reached the 1.6350 minor psychological level recently. This could mean that more gains are in the cards, as the next resistance...
The USD/JPY pair fell initially during the session on Thursday, but as you can see rallied enough to form a hammer. This hammer of course suggests that there is more buying to come, and a break of...
The USD/CAD pair struggled during the session on Thursday, as the 1.06 level offers resistance though. However, you have to keep in mind that with the Thanksgiving holiday in America, the liquidity in this market would have...
The GBP/USD pair rallied during the session on Thursday, breaking above the 1.63 handle. This is an area that we said had to be cleared in order for us to become overly bullish of this market, which...
The EUR/USD pair rose during the Thursday session as the market finally broke above the 1.36 level with some force. This shows strength as far as we can tell, and as a result we are willing to...
The AUD/USD pair tried to rally during the session on Thursday, but as you can see gave up most of the gains. The resulting candle of course is a shooting star, and that is obviously a very...
The USD/JPY pair rose during the session on Wednesday, breaking the top of two shooting stars from earlier in the week, which of course is a very positive sign. It is because of this that we feel...
The USD/CAD pair had a very strong session during the day on Wednesday, and one point in time even managed to challenge the 1.06 handle. This handle still offers a bit of resistance at the end of...
The GBP USD pair shot higher during the session on Wednesday, breaking the 1.63 handle finally. However, we could not keep above that level, and as a result it looks like the resistance is still somewhat intact.
The EUR/USD pair tried to rally during the session on Wednesday, but as you can see failed to hang onto much of the gains. In fact, we did not close above the 1.36 handle, which is what...
