The USD/JPY pair fell during the session on Wednesday, but as you can see remains above the 99 handle, an area that should offer significant support. Because of this, we are looking for some type of supportive...
The USD/CAD pair fell during the session on Wednesday, proving the 1.05 level to be tough resistance after all. However, we do see quite a bit of support down 1.04, so we feel that this market is...
The GBP/USD pair shot straight up during the session on Wednesday, slicing through the 1.60 handle again. This is without a doubt a buy signal as far as we can tell, and short-term pullbacks will be used...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see bounced high enough in order to form a hammer that is pressing against the 1.35 level. This is interesting because we expect...
The AUD/USD pair rose during the session on Wednesday, bouncing off of the significant support area in the region of 0.93. As you can see on the chart, we actually have the line drawn that the 0.9250...
Economists forecasted a $102.0 billion budget deficit for the month of October out of the US, but the actual budget deficit came in at a much lower than expected $91.6 billion and is far less than October’s...
CFTC Commitments of Traders (COT) Report 05 November 2013, published 08 October 2013, Technical Analysis. For the first time in nine weeks, spec long positions in the USD has increased.
Despite the recent ECB interest rate cut, EUR/JPY has still managed to rally in the past few days. The pair has already climbed up to the 61.8% Fibonacci retracement level on the latest swing high and low...
NZD/USD seems to have completed the head and shoulders formation on the 4-hour time frame, pending a break below the neckline around .8225. The pattern is roughly 300 pips in height, which suggests that the resulting breakdown...
The USD/JPY pair fell during the session on Monday, but as you can see bounced enough to form a hammer. This hammer of course suggests that we are going to go higher, but at this moment in...
