The AUD/USD pair rose slightly during the course of the day on Thursday, but turned back around to form a bit of a shooting star. We believe that the Australian dollar will continue to struggle, as evident...
AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken...
The USD/JPY pair broke down significantly during the course of the day on Wednesday, finally cracking the bottom of the recent consolidation area that has been intact for a couple of months now. However, we think there...
The USD/CAD pair initially fell during the day on Wednesday, but found more than enough support as the 1.35 level is now offering support. It was previous resistance, so this goes well with common technical analysis theories,...
The GBP/USD pair broke higher during the course of the day on Wednesday as we used of the 1.50 level as a bit of a springboard. We broke above the top of the hammer from the previous...
The EUR/USD pair rose during the course of the session on Wednesday, slamming into the 1.10 level. There is a significant amount of noise just above though, so we are actually going to be very patient and...
The AUD/USD pair went back and forth during the day on Wednesday, but pierced below the bottom of the hammer from Tuesday which of course is a fairly negative sign. Nonetheless, we are not sellers until we...
After being stuck inside a range for quite some time, USDJPY finally picked a direction and broke to the downside. This suggests that further losses might be in the cards for this pair. The range is approximately...
The USD/JPY pair initially fell during the day on Tuesday, but bounced slightly form a bit of a hammer. Ultimately though, we are still very much in the previous consolidation area, so it’s a bit difficult to...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the 1.35 handle. The fact that we are broken above there signifies that the market is ready to go higher given enough time,...
