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Forex Trading Instructor Rob Pasche
Forex Trading Instructor
Rob Pasche

How Volume and Sentiment Points Towards USDJPY Decline

The USD/JPY is showing 2 reasons why it might head lower.

FX Reversals: GBPUSD Daily Trading Range

The GBPUSD has opened the week in a 52 pip trading range. Can daily support and resistance remain valid? Learn more with the Chart of the Day!
Post of the Day
Head Forex Trading Instructor Jeremy Wagner
Head Forex Trading Instructor
Jeremy Wagner

USD/CAD Extends Higher on Surprise Rate Cut

The recent spurt higher resulting from a surprise rate cut by the Bank of Canada leaves more room to run. View a potential wave count.
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Today's Word
Support

A price level in which a currency pair has difficulty falling below. At support, price action tends to stall before breaking below, or reverse in the opposite direction.