AUD/JPY recently made a strong break below a support level and may be ready for a quick retracement before resuming its drop. The pair previously found support at the 94.50 minor psychological level and the break took...
NZD/USD is currently testing a major support level, visible on the 4-hour forex time frame. Stochastic is already moving in the oversold area but has yet to cross higher and indicate a potential return of bullish momentum....
The USD/JPY pair initially fell during the session on Friday, but broke higher close just below the 102 handle. With that being the case, we feel that the market will continue to grind its way back to...
The USD/CAD pair initially tried to rally during the session on Friday, but found the 1.09 level to be far too resistive. That being the case, the market did in fact fall to the 1.0850 area, but...
The GBP/USD pair fell during the session on Friday, straight a bit of weakness as we plunged towards the 1.68 handle. That region should continue to be supportive, and as a result we feel that supportive looking...
The EUR/USD pair initially fell during the course of the session on Friday, but found the 1.36 level supportive enough to bounce slightly. However, this market does look like it’s ready to break down and as a...
The AUD/USD pair rose during the course of the session on Friday, testing the 0.9250 level. That area caused enough resistance to form a shooting star though, and as a result for the 2nd day in a...
AUD/JPY has been forming a rising channel on its daily time frame, indicating that the longer-term uptrend is still valid. The pair is even finding support at the middle of the channel and might be headed back...
After that strong selloff in the past few trading days, NZD/USD is now finding support at the .8550 minor psychological level. This has acted as a floor for price drops in the past and might hold again....
The USD/JPY pair initially fell hard during the session on Wednesday, dipping below the significant 101 level. That level has been rather supportive over the last several weeks and as a result we were a bit surprised...
