Latest Forex Research

USDJPY – sharp drop can be wave-a of triangle consolidation

We sent out a Tech Flash yesterday to highlight a prospective wedge break and prices dropped accordingly.

The pressure is on for today’s press conference by President Draghi and Friday’s nonfarm payrolls release.

The Euro faces a double edged sword today as the Euro zone economy clearly needs help to

While the Swiss temporarily regained its footing overnight, prices have come back under

The yen has forged a significant recovery over the last two trading sessions but

After showing some corrective action over the last 24 hours the Dollar has at least partially

Some of the Canadian’s strength might be the result of rising rate threats from the BOC as they work to

A fresh failure in the Pound this morning on the charts was seen in the wake of a strong UK construction PMI release and

The forint extends its gains despite sell-off in EM’s world The Hungarian forint has continued to strengthen and keeps its bullish sentiment.

Today’s highlights: AUDUSD has held key support at .8674/58 as expected, and

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirming anunderlying bearish trend.

The RBNZ’s monthly balance sheet released this week confirmed that the Banksold NZD 521 million in August,