The USD/CAD pair initially tried to rally during the day on Thursday but then ended up selling off. Quite frankly, we believe that this market is simply trying to build up enough momentum to break above the...
The GBP/USD pair fell significantly during the course of the day on Thursday, breaking the back of a hammer from the Wednesday session. Because of this, and the fact that we close towards the bottom of the...
The EUR/USD pair fell during the day on Thursday, as we continue to consolidate overall. We currently believe that the 1.10 level is resistive, and that the resistance probably extends all the way to the 1.11 handle....
The AUD/USD pair went back and forth during the day on Thursday, ultimately settling on a slightly negative candle. Ultimately though, we believe that this market will be greatly influenced by the overall ascending triangle pattern, which...
