EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3832 is treated as consolidation of the uptrend, another fall to 1.3400 area to complete the consolidation is still possible. Resistance is at...
The USD/JPY pair went back and forth during the session on Friday, forming a negative candle. We did close below the 102 level, but quite frankly this much noise below that we don’t really put too much...
The USD/CAD pair fell during the bulk of the session on Friday, but as you can see found enough buyers during the day to turn things back around and form a nice-looking hammer. The hammer sits just...
The GBP/USD pair rose during the session on Friday, shooting strength through the resistance of the 1.6650 level. The market even close at the very high of the day, so it appears that any pullback in the...
The EUR/USD pair rose during the session on Friday, challenging the 1.37 level. With that, we have run into resistance again, and as a result are struggling to go higher. If we can get above this level,...
The AUD/USD pair rose during the session on Friday, breaking above the 0.90 handle. However, the market still see is a significant amount resistance above as shown by the Wednesday shooting star. If we can get above...
The USD/JPY pair initially fell during the session on Thursday, but as you can see found enough support below the 102 level to turn around and form a nice-looking hammer. This is a market that we have...
The USD/CAD pair try to rally during the session on Thursday, but found the area above the 1.10 level as being a bit too rich. Because of this, we formed a relatively negative candle, albeit sitting on...
The GBP/USD pair rose during the session on Thursday, breaking above the 1.6650 level. We have essentially broken out, but if we can get above the highs from the Thursday session, we would be much more comfortable...
The EUR/USD pair rose during the session on Thursday, breaking above the highs from the Wednesday session, and more importantly piercing above the highs from the Tuesday shooting star. However, the 1.37 level has offered resistance yet...
