EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling...
The USD/JPY pair fell during the course of the day on Tuesday, testing the bottom of the hammer from the Monday session. We still have the 118.50 level below as support, so it’s not until we get...
The USD/CAD pair broke higher during the course of the day on Tuesday, testing the 1.40 level yet again. This is an area that’s been massively resistive recently, and if we can break above it is of...
The GBP/USD pair fell during the course of the day on Tuesday, forming a slightly negative candle. The market looks as if it is going to continue to sell off every time it tries to rally though,...
The EUR/USD pair broke down below the 1.08 level during the day on Tuesday, showing that the market is continuing to show real selling pressure. A break down below the bottom of the range for the day...
The AUD/USD pair fell during the course of the session on Tuesday, but as you can see is testing the uptrend line from the ascending triangle that we have been paying so much attention to. Suddenly put,...
GBPAUD has been trending lower on its 4-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price just bounced off the bottom of the range and is now making...
The USD/JPY pair initially fell during the course of the day on Monday, as fears of Asian problems persisted. After all, Chinese lost 7% during their stock market training day, and that of course would have had...
The USD/CAD pair broke higher during the course of the session on Monday, testing the 1.40 level yet again. This is an area that offers more than enough resistance to keep the market at bay though, so...
The GBP/USD pair initially tried to rally during the day on Monday, but turned back around to form a very negative looking candle. The shooting star at the bottom of a downtrend is of course a very...
