The USD/JPY pair initially fell during the course of the session on Thursday, but for the second day in a row found enough support below to turn things back around and form a nice-looking hammer. It looks...
The USD/CAD pair eventually rose during the session on Thursday, but not after dipping slightly. By doing so, we have formed a hammer like candle yet again and have broken above the 1.26 level during the session....
The GBP/USD pair broke down during the session on Thursday, slicing all the way down to the 1.47 handle. The candle is long in red, so quite frankly it does look like we will more than likely...
The EUR/USD pair broke down during the session on Thursday, clearing the most recent low. Because of this, it appears that the Euro will continue to fall, probably heading to the 1.05 level. We have no interest...
The AUD/USD pair tried to rally during the course of the day on Thursday, but turned back around at the 0.77 handle to form a nice-looking shooting star. We believe that this market breaks down below the...
The USD/JPY pair initially fell during the day on Wednesday, but found enough support near the 119.70 level to turn things back around and form a hammer. With this, it looks like the markets ready to go...
The USD/CAD pair initially fell hard during the session on Wednesday, but bounced enough to form a pretty nice-looking hammer. This hammer is at the bottom of the overall consolidation, and as a result we believe that...
The GBP/USD pair initially took off to the upside during the session on Wednesday, but found the area just below the 1.50 level to be resistive yet again and as a result the market fell. Because of...
The EUR/USD pair initially rallied during the session on Wednesday, but as you can see turned things back around and formed a relatively negative candle. This is not a huge surprise though, simply because we have the...
The AUD/USD pair broke higher during the course of the day on Wednesday, testing the 0.77 handle. However, we are most certainly in a negative type of market, so therefore we think that even though the Australian...