The USD/JPY pair broke down significantly during the session on Wednesday, slicing down to the 122.50 handle. However, the market looks as if there is support below, so we are simply going to step on the sidelines...
The USD/CAD pair fell rather hard during the session on Wednesday, testing the 1.220 support level. It found support there, and the market ended up bouncing to form something along the lines of a hammer. Because of...
The GBP/USD pair broke higher and above the 1.55 level during the session on Wednesday, which of course is a very bullish sign. If we can break the top of the range for the day, we feel...
The EUR/USD pair went higher during the session on Wednesday, and then pulled back to form a shooting star. The shooting star is immediately preceded by the Tuesday candle which of course is a hammer, so this...
The AUD/USD pair broke higher during the day on Wednesday, as we slammed into the 0.78 resistance barrier. We didn’t break above it though, so at this point in time we don’t really see much of a...
The USD/JPY pair initially fell during the day on Tuesday, breaking down to the 123.90 level. However, we found enough support in that region again to turn the market back around and form a nice-looking hammer. The...
The USD/CAD pair had a very volatile session on Tuesday, as we continue to bang around just below the 1.24 level. It looks as if the market is probably going to continue to drift a little bit...
The GBP/USD pair initially fell during the day on Tuesday but found enough support just above the 1.52 level to turn things back around and form a hammer. The hammer suggests that we are going to try...
The EUR/USD pair fell initially during the course of the day on Tuesday, but found enough support near the 1.12 level to turn things back around and form a hammer. Because of this, the market looks as...
The AUD/USD pair went back and forth during the course of the day on Tuesday, essentially settling nothing. With that being said, we think that the market is just simply going to bounce around in this general...
