The GBP/USD pair fell slightly during the course of the session on Friday, as we continue to see weakness overall. However, there is a 1.55 barrier that should be rather supportive, and the buyers will more than...
The EUR/USD pair did very little during the session on Friday as we await the Greek referendum vote. That being the case, the market looks as if it will be very volatile on Monday. There is an...
The AUD/USD pair fell during the course of the session on Friday, testing the 0.75 handle. This is an area that is supportive based upon the large, round, psychologically significant number, and of course an area that...
The USD/JPY pair broke out to the upside during the session initially on Thursday, but turned back around to form a shooting star. Looking at this shooting star it suggests that we are going to drop from...
The USD/CAD pair tried to break down during the session on Thursday, but pullback to form a bit of a shooting star. The shooting star of course is a fairly negative candle but at the end of...
The GBP/USD pair went back and forth during the course of the day on Thursday, essentially settling nothing. However, the one thing that we do notice is that the 1.56 level is trying to offer a bit...
The EUR/USD pair went back and forth after a lackluster employment number came out of the United States on Thursday. However, with more important to us is that we are still above the uptrend line, and of...
The AUD/USD pair initially fell during the course of the day on Thursday, but found enough support near the 0.76 handle again to turn things back around and form a hammer. This hammer tells us that the...
USDJPY was rejected at the resistance of the descending channel on its 1-hour time frame, which suggests that the selloff could resume. The pair found resistance at the 123.50 minor psychological level and could head back towards...
The USD/JPY pair broke higher during the session on Wednesday, clearing the top of the hammer from Tuesday. Because of this we feel that the market is going to continue to consolidate overall but we also recognize...
