The EUR/USD pair tried to rally during the session on Friday, but found the 1.25 level to be a bit too resistive yet again, and then pullback to form a shooting star. That being the case, the...
The AUD/USD pair tried to rally during the course of the session on Friday, but turned back around and formed a shooting star. The shooting star at the bottom of the downtrend does in fact suggests that...
Here are the Top 5 Forex Developments for the trading week between 11/24/14 through 11/28/14: Number One: UK GDP The UK economy continued to expand at a strong pace. The reported annualized growth rate of 3.0% has...
USDJPY showed more momentum as it broke above the descending triangle resistance in today’s Asian trading session. This could be a sign that the pair is in for at least 150 pips in gains, which is the...
AUDUSD might be in for another major retracement, as price could make its way up to the falling trend line connecting the latest highs of price action. The pair previously broke through support around the .8700-.8800 major...
The USD/JPY pair initially tried to rally during the session on Tuesday, but as you can see continue to simply go sideways. The marketplace will probably do very little over the next 24 hours, as the Americans...
The USD/CAD pair tried to break above the 1.13 level during the session on Tuesday, but ended up falling. That being the case, we ended up forming a negative candle but we believe that the market is...
The GBP/USD went back on forth on Tuesday, but continues to struggle at the 1.57 level. The area just above should continue to offer resistance, and we feel that the 1.60 level is where the resistance goes...
The EUR/USD pair initially fell during the course of the session on Tuesday, but ended up heading back towards the 1.25 handle. It’s actually the 1.26 level that we think that the significant resistance will come back...
The AUD/USD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle. That area should be massively supportive, as the market should continue to go lower...
