AUDJPY broke below its ascending triangle support on the 1-hour time frame, indicating that further losses are possible for the pair. Price could fall by as much as 200 pips, which is roughly the same height as...
The AUD/USD pair fell during the course of the session on Wednesday, as the market continues to show weakness overall. The Australian dollar is one of the weakest currencies that we are trading right now, and as...
GBPJPY looks ready to resume its longer-term selloff, as price is completing its retracement on its 4-hour forex chart. The pair has recently bounced off support around the 176.00 levels and pulled up to the 50% Fibonacci...
The USD/JPY pair broke higher during the course of the session on Tuesday, as we continue to drive towards the 120 level. That area above is massively resistive though, so it’s more than likely going to be...
The USD/CAD pair broke higher during the session on Tuesday, clearing the 1.25 level. That area is a bit of a magnet for the market at the moment, and we believe that the pair will ultimately head...
The GBP/USD pair fell initially during the session on Monday, but for the second day in a row bounced enough to form a hammer. That hammer of course suggests that there are buyers below and the fact...
The EUR/USD pair fell initially during the course of the day on Tuesday, but found enough support at the 1.13 level to turn things back around and form a hammer. That being the case, the market looks...
The AUD/USD pair fell during the course of the session on Tuesday, as we continue to meander around the 0.7750 handle. We believe that a move below that level though has this market selling off towards the...
The USD/JPY pair fell during the session on Monday, testing the 118 level. As you can see though, we ended up bouncing slightly and it does look like the buyers are going to step into the advantage...
The USD/CAD pair initially fell during the course of the session on Monday, as we continue to meander around the 1.25 handle. Because of this, the market looks as if it’s ready to grind sideways for a...
