The EUR/USD pair tried to rally on Friday, but as the Nonfarm Payroll numbers came out, the pair fell back down. The resulting candle is a shooting star, and now is sitting on the 1.12 level. This...
The AUD/USD pair had a positive session on Friday, but found the area around the 0.80 level to be resistive yet again. Because of this, the market looks as if it is going to test this area...
EURUSD could be ready to make another bounce, as the pair is creating an ascending trend line on its 1-hour forex chart. Price just jumped to the 1.1400 handle recently before retreating towards support around the 1.1250...
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a hammer. Does this, the market looks as if it is ready to continue going...
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer that had formed on Wednesday. However, both the United States and Canada have employment numbers coming out today,...
The GBP/USD pair initially fell during the day on Thursday, but found enough support at the 1.52 level to turn things back around and form a hammer. This hammer of course suggests that the market should go...
The EUR/USD pair fell during the session on Thursday, as a bit of profit taking probably took hold. However, the 1.12 level below should be supportive, but with the nonfarm payroll numbers coming out today, a lot...
The AUD/USD pair had a very negative session on Thursday as we continue to see a lot of volatility near the 0.80 handle. Because of this, we are still bearish of the Australian dollar but we recognize...
The USD/JPY pair fell hard during the day on Thursday but remains within the previous consolidation area. Because of this, we don’t really have any change in our opinion, just that we will have to wait to...
The USD/CAD pair recently broke down during the course of the day on Wednesday, but found enough support below the 1.20 level to turn things back around and find a little bit of stability. However, the hammer...
