EURUSD remains in downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Deeper decline is possible after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713,...
The USD/JPY pair fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a massive hammer. On a break above the top of the hammer,...
The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here....
The GBP/USD pair initially tried to rally during the course of the day on Friday, but found the area above the 1.52 level to be far too resistive to continue going higher. Because of this resistance, we...
The EUR/USD pair broke higher during the course of the session on Friday, as the jobs number came out very light. With that, the US dollar sold off initially, but we believe that traders are starting to...
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support at the 0.70 level to turn things back around and form a hammer. That hammer of course is a very...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to bounce around the 120 handle. With that being the case, the market looks as if it is simply going sideways, and...
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough buying pressure near the 1.32 level to turn things back around and form a hammer. That being the case, the market...
The GBP/USD pair went back and forth during the course of the session on Thursday, as we continue to struggle just below the 1.52 level. That being the case, the market looks as if it still will...
The EUR/USD pair bounced at the open on Thursday, showing a little bit of resiliency. However, having said that we believe that the market continues to have support at the 1.11 level, and resistance at the 1.13...
