EURUSD is facing 1.1087 support, a breakdown below this level will signal resumption of the downtrend from 1.1713, then next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713, only break above these...
The USD/JPY pair initially tried to rally during the course of the session on Friday, but fell back into the previous consolidation area in the form of the triangle. That being the case, we have a market...
The USD/CAD pair went back and forth during the course of the session on Friday, and as a result we ended up forming a fairly neutral candle. However, the market looks like it’s ready to fight the...
The GBP/USD pair fell during the course of the session on Friday, and as a result it looks like the market is ready to break down even farther. If we can break down below the bottom of...
The EUR/USD pair initially fell during the course of the day on Friday, but then turned back around to form a bit of a hammer. We closed above the 1.12 level, but ultimately the thing we have...
The AUD/USD pair initially tried to rally during the course of the week but as you can see struggled. With this, we feel that the market will continue to bounce around the 0.70 level, an area that...
NZDUSD enjoyed a bit of support in recent trading sessions, as traders squared away their risk-off positions. The pair bounced off the bottom of its range around the .6250 minor psychological mark and might make its way...
The USD/JPY pair fell initially during the course of the day on Thursday, but turned back around to form a bit of a hammer. We continue to meander around the 120 level though, so it appears that...
The USD/CAD pair initially broke higher during the course the day on Thursday, even getting above the 1.34 handle. We found enough resistance in that area to turn things back around though, and as a result we...
The GBP/USD pair initially fell during the course of the day on we feel that a break above the top of the hammer is a buying opportunity for the short-term traders only. We think that eventually any...
