The USD/CAD pair initially tried to rally during the course of the session on Tuesday, but found the 1.31 level above to be resistive. We ended up turning back around to form a shooting star like candle,...
The GBP/USD pair rose during the session on Tuesday, as we continue to meander around the 1.52 handle. We have no interest whatsoever in buying this market though, even though it looks as if the market is...
The EUR/USD pair broke higher during the course of the day on Tuesday, as we continue to bounce between the 1.11 level on the bottom, and the 1.13 level on the top. Ultimately, we believe that the...
The AUD/USD pair initially fell during the course of the session on Tuesday, but turned back around to find a very positive candle at the outcome. We still believe that there is a significant amount of resistance...
Even though GBPJPY suffered a sharp selloff in the past few weeks, the longer-term uptrend on its daily chart is still intact for now. Price is currently testing the bottom of the rising channel and might be...
EURCHF has been forming lower highs and higher lows, creating a symmetrical triangle pattern o its 1-hour chart. Price has been consolidating tightly and moving closer to the end of the triangle, indicating that a breakout might...
The USD/JPY pair shot higher during the course of the session on Monday, the 120 level offering support. With that being the case, the market looks as if it is ready to reach towards the 121 handle,...
The USD/CAD initially fell during the course of the day on Monday, but found enough support towards the end of the day to bounce a little bit and form a bit of a hammer. The 1.30 level...
The GBP/USD pair initially tried to rally but then turned back around to form a rather negative candle. Ultimately, this is a market that is simply bouncing around an area that is a lot of noise. If...
The EUR/USD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level. This is the area that has been resistive again and again,...
