The EUR/USD pair fell during the session on Friday, but as you can see found the 1.37 level to be supportive again. Because of this, we feel that ultimately this market is probably getting ready to bounce,...
The AUD/USD pair went back and forth on Friday, ultimately settling on a relatively unchanged candle. The shape of the candle is a bit like a hammer, but quite frankly we been grinding away sideways at the...
A reversal chart pattern can be seen on the 4-hour time frame of AUD/CAD, indicating that the pair’s climb may be cut short and may soon reverse. The heand and shoulders formation has a neckline around the...
The USD/JPY pair rose initially during the session on Thursday, testing the 102 area. This area pushed the market back down, and sent it all the way down to the 101.25 region. This is the area that...
The USD/CAD pair fell during the session on Thursday, found enough support in the previous consolidation area to bounce and form a little bit of a hammer. That hammer could lead to a move higher, but we...
GBP/USD initially fell during the session on Thursday, but found enough support below the 1.6750 area to turn things back around and form a hammer. A break above the top of the hammer should send this market...
The EUR/USD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring...
The AUD/USD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle. This neutral candle suggests that the market is and quite ready to make a decision yet, although it is...
No changed in our view, USDCAD remains uptrend from 1.0813, the fall from 1.0926 could be treated as correction of the uptrend. As long as 1.0813 key support holds, the uptrend could be expected to resume, and...
USDCHF’s upward movement from 0.8702 extended to as high as 0.8959. Further rise is still possible, and next target would be at 0.9000 area. Support is at 0.8880, only break below this level will indicate that consolidation...
