The GBP/USD pair initially rose during the session on Thursday, but found a lot of resistance above in order to form a shooting star, which is of course a negative sign. The pair looks likely to pullback...
The EUR/USD pair fell initially on Thursday, but bounced enough to form a hammer. The pair is at the bottom of a longer-term consolidation area, as the 1.12 level looks important. The market could bounce from here...
The AUD/USD pair initially fell during the course of the day on Thursday but found enough support below the 0.72 level to turn things around and form a hammer. The hammer of course is a very positive...
GBPAUD has been trending higher on the 1-hour time frame, moving above an ascending trend line connecting the latest lows of price action. Profit-taking seems to have taken place around the 2.0350 minor psychological resistance, opening the...
The USD/JPY pair had a positive session on Wednesday, as we continue to reach towards the 110 handle. The 110 handle been broken to the upside would be a rather positive sign, as we would then more...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but found the 1.30 level to be far too resistive again as we ended up forming a shooting star. This is preceded...
The GBP/USD pair initially fell during the day on Wednesday, but turned around to slice through the top of the shooting star from the Tuesday session. This of course is a very bullish sign, and as a...
The EUR/USD pair fell slightly during the course of the day on Wednesday, as we continue to see quite a bit of volatility in this choppy market. However, we still have plenty of support just below, so...
The AUD/USD pair initially fell during the course of the session on Wednesday but turned around to form a hammer. It is preceded by a shooting star on Tuesday though, and as a result it looks as...
GBPJPY has formed higher lows and found resistance at the 162.00 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price made a bounce off support around 155.50 earlier on and appears poised...
