NZDUSD is trending higher but a countertrend opportunity is presenting itself now that the pair is testing the rising channel resistance. The top of the range at .6800 appears to have held as a ceiling, with a...
The USD/JPY pair fell during the day on Monday, dropping towards the 112.50 level. The market looks as if it is continuing to consolidate between the 112 level on the bottom, and the 115 level on the...
The USD/CAD pair broke higher during the course of the session on Tuesday, as we broke above the top of the hammer on Monday. By doing so, this is considered to be a buy signal, and that...
The GBP/USD pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is a positive candle, and we also formed one during the previous...
The EUR/USD pair initially rallied during the course of the day on Tuesday, testing the 1.1050 level. With this, the market looks as if it isn’t quite ready to break out yet, but breaking above the top...
The AUD/USD pair initially fell during the course of the day on Tuesday, testing the 0.74 area. We turned right back around in order to form a slightly positive candle, but we are getting fairly close to...
The USD/JPY pair fell just a little bit during the course of the session here on Monday, but we are still very much in the way of consolidation, so having said that it is probably best to...
The USD/CAD pair initially tried to rally during the course of the day on Monday, as we continue to see the oil markets rally and of course the Canadian dollar strengthened. With this, we still believe that...
The GBP/USD pair initially fell during the day on Monday, but turned back around to form a very positive candle. The hammer suggests that we are going to go higher, but the biggest problem that we have...
The EUR/USD pair initially fell during the day on Monday but found enough support below to turn things around and form a hammer. It now looks like we are trying to break above the 1.1050 level, and...
