AUD/JPY Retesting Resistance Zone

Good afternoon traders, Just a quick one today as I’m ducking out! Take a look at this AUD/JPY resistance level that we’d been watching on the blog recently. Well price is back retesting the zone as resistance once again: AUD/JPY Daily: Click on chart to see a larger view. Keep the level on your MT4 charts and remember to […]

USD/CAD Retesting Support

Good morning traders, After the stellar Canadian GDP numbers last week, we blogged about the possibility of the Bank of Canada hiking rates, which would lead to further selling in USD/CAD. Take a look at the updated daily chart where not much has changed from our last look: USD/CAD Daily: Click on chart to see a […]

USD/JPY Gaps Down as North Korea Successfully Tests Hydrogen Bomb on Weekend

Good morning traders, Another weekend goes by and another test by North Korea. This one however is a little more concerning… More from Bloomberg here: “The yen and the Swiss franc posted the biggest gains among major currencies in early Asian trading after North Korea said it successfully tested a hydrogen bomb with “unprecedentedly big power”.” The […]