EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area. On the downside, as long as 1.3879 resistance holds, the rise...
The USD/JPY pair fell during most of the session on Wednesday, but found support near the 102 handle. With that, it appears this market is ready to find buyers every time it falls, something that we have...
The USD/CAD pair tried to rally during the session on Wednesday, but fell back down and formed a shooting star. The shooting star of course is a very sign, and therefore we begin to wonder whether or...
The GBP/USD pair broke out to the upside during the session on Wednesday, and as a result we feel that the next leg higher has started. This should send this market to the 1.70 handle given enough...
The EUR/USD pair initially fell during the session on Wednesday, touching as low as 1.3770 by the time we turned back around and close much higher. Part of this would’ve been the Federal Reserve announcing that the...
The AUD/USD pair went back and forth on Wednesday, but proved the 0.9250 level to be supportive. With that being the case, we feel that the market will continue to go higher, and a break above the...
