The AUD/USD pair rose initially during the course of the session on Thursday, but turned back around form a bit of a shooting star. We are sitting just above the 0.75 handle, and that’s an area that...
GBPUSD has been forming higher lows and lower highs, creating a symmetrical triangle pattern on its 1-hour time frame. Price recently bounced off the triangle support and looks ready to make another test of resistance. The 100...
The USD/JPY pair initially rallied during the course of the day on Wednesday but found enough resistance above to give up about half of the gains. Nonetheless, I believe it’s only a matter of time before we...
The USD/CAD pair broke higher during the course of the day on Wednesday, as we continue to grind around the 1.32 level. A break above the top of the range for the last couple of days is...
The GBP/USD pair initially fell during the day but did bounce a bit to form a slight hammer. I believe that this market is going to continue to consolidate just above the 1.30 level, so short-term buying...
The EUR/USD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle. This is a bit of a shooting star, and that of course...
The Australian dollar initially rallied during the day on Wednesday, but found far too much in the way of resistance above and ended up turning back around and form a fairly negative candle. Nonetheless, I don’t feel...
GBPJPY recently broke below support at the 139.00 major psychological level then dipped to the 136.00 area before pulling up. Applying the Fib tool on the latest swing high and low on the 4-hour time frame shows...
The USD/JPY pair fell initially during the course of the session on Tuesday, but bounced enough to form a bit of a hammer. The 105 level continues to ask supporters to come into the marketplace, and a...
The USD/CAD pair went back and forth during the course of the session, pulling back in order to find buyers, meaning that we should continue to go higher given enough time. After all, the oil markets are...
