The GBP/USD pair rallied during the session on Wednesday, breaking above the 1.50 level. With that, it appears of the market is trying to break out to the upside but we are not buyers until we get...
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above the 1.08 level to turn things back around and form a shooting star. Because of this, it looks...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but found enough resistance above to turn things back around and form a nice-looking shooting star. Because of this, we believe that...
EURNZD has been in a steady downtrend but the pair is starting to make a correction on its 4-hour forex chart. Price has bounced off support at the 1.3900 major psychological level and might pull up to...
A double bottom reversal pattern can clearly be seen on Cable’s 4-hour forex chart, indicating that a long-term rally might take place. Price is currently testing the neckline of the pattern around the 1.5000 major psychological resistance....
The USD/JPY pair rose during the course of the session on Tuesday, plowing into the 120 handle. That level offered a little bit of resistance, but ultimately it’s only a matter time before we break above there...
The USD/CAD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a nice-looking hammer. This hammer suggests that the market could go as...
The GBP/USD pair initially rallied during the session on Tuesday, but found a bit of resistance as we started to approach the 1.50 level. This is an area that should continue to be massively resistive, so we...
The EUR/USD pair went back and forth during the course of the day on Tuesday, ultimately settling on a relatively neutral candle. With this, looks like the market is simply looking stagnant at that point, just as...
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