The GBP/USD pair fell during the course of the day on Wednesday, as we continue to see quite a bit of bearish pressure in this market. The downtrend of course continues, so we are very interested in...
The EUR/USD pair rallied initially during the day on Wednesday, but turned back around to form a shooting star. The shooting star of course is a very negative candle, but it is preceded by a hammer, and...
The AUD/USD pair rose during the day on Wednesday, breaking above the recent highs that we’ve seen hold as resistance. Ultimately though, we are still sellers as the 50% Fibonacci retracement level offered quite a bit of...
The USD/JPY pair fell significantly during the day at first, but turned back around on Tuesday to form a relatively positive candle. If we can break above the recent highs just below the 119 level, we feel...
The USD/CAD pair had a very negative session during the day on Tuesday, testing the 1.40 region. There is a massive amount of support all the way down to the 1.38 level as far as we can...
The GBP/USD pair initially fell on Tuesday but turned back around to break above the 1.43 level. This is a fairly positive sign, but at this point in time we still believe that the 1.45 level above...
The EUR/USD pair went back and forth during the day on Tuesday, as we continue to see the 1.08 level below as supportive. That being the case, we believe that the market could very well rally from...
The AUD/USD pair initially dipped lower yet again, but turned back around to form a massively positive candle. Having said that, the market is testing the previous resistance, so it is not time to start buying by...
EURJPY is currently testing the descending channel support visible on the daily time frame. A bounce could take it back to the channel resistance near the 131.00 major psychological mark, which might be enough to let the...
The USD/JPY pair initially fell during the day on Monday, but found enough support below the 118.50 level to form a bit of a hammer. The hammer of course is a very bullish sign, and a break...
