The GBP/USD pair broke higher during the course of the session on Friday, but turned back around to form a massive shooting star. With this being the case, the uptrend line that had recently kept the market...
The EUR/USD pair initially tried to break higher during the course of the day on Friday but found the 1.15 level above to be far too resistive for the market to continue going higher. With that being...
The AUD/USD pair initially tried to rally during the session on Friday, just as it did on Thursday. However, the market has struggled to keep gains recently in the Australian dollar, as the markets are focusing on...
USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame. Price just bounced off the triangle resistance and is currently testing support, still awaiting a bounce or a breakdown....
The USD/JPY pair broke higher during the course of the day on Wednesday, bouncing off of the 120 handle. However, we are still well within consolidation and of course are waiting on the FOMC’s Statement in order...
The USD/CAD pair fell during the course of the session on Wednesday, but as you can see is still within the consolidation area that we have seen for some time. Today is the FOMC Statement, and that...
The GBP/USD pair shot higher during the course of the session on Wednesday, crashing into the 1.55 handle. This is significant resistance, and then of course just above there is an uptrend line that previously was broken...
The EUR/USD pair initially fell during the day on Wednesday, but found enough support near the 1.12 level to turn things back around and form a nice-looking hammer. The hammer of course suggests that the buyers are...
The AUD/USD pair broke higher during the course of the day on Wednesday, clearing the top of the hammer that had formed on Tuesday. This suggests that the Australian dollar is going to go higher, and the...
GBPAUD might be done with its long-term uptrend, as a reversal pattern can be seen on its 1-hour and 4-hour charts. A double top formation has materialized after price failed in its last two attempts to break...
