DAX Daily Update – May 18th – All Efforts To Nothing

We can feel sorry for German bulls, because on Tuesday they were disappointed again. On Monday there was no DAX session and bulls over...
How to trade news on the Forex market

Price Action Daily Setups – USDJPY, GBPCHF, AUDJPY – May 17th

AUDJPY Par rebounds from resistance and still cannot decline strongly. Trend is downward, so if any selling signal occurs, we will consider short positions. Currently...

Ichimoku Kinko Hyo – EURJPY, USDJPY – May 16th

EURJPY Interesting situation on EURJPY. On Friday after decrease below Tenkan-sen 123.06 sell signal was generated on D1 chart. Today chart came back to (3/8)...

GBPUSD correction has finished

Last Friday there was an attempt of broke important support at 1.4400. At the beginning it looked like success of the supply, but 60...

AUDUSD above support – at the lowest level since March

Huge selloff has been continuing for more than 2 months. During this time there wasn't any correction. This trend may be changed at current...

Trading For Beginners – GBPCAD – Above Support

Decreases which started in January slowed down now and reached support at 1.8110. The rebound led price above resistance at 1.8500 which now turned...

Al Brooks Price Action: Emini weekly update

Monthly S&P500 Emini futures candlestick chart: Might trigger sell signal The monthly S&P500 Emini futures candlestick chart still has not triggered the short by falling...

Price Action Daily Setups – AUDUSD, GBPCAD, USDCAD – May 16th

AUDUSD AUDUSD falls since mid-April, however it still should be treated as a corrective move of broader increases. Thus we look for long opportunities –...

USDJPY in upside triangle formation

Pair is cosolidating around 109.00 level for three days in a row. Everything is taking place between two Fibonacci retracements at 109.44 and 108.70...

EURJPY – decline at the Fibonacci level of 61,8%

At the beginning of this week Japanese BoJ minuts from the March meeting were published and impacted bullishly EURJPY. Just on Monday local high...

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