USDCAD Breaks Resistance and Moves Towards 1.3000

USDCAD at yesterday's session surpassed 1.2836 resistance, which was set by previous high. Therefore, it seems that the way to 1,300 is open. However,...

EURJPY is Heading for 129.00

At the end of October EURJPY broke the support zone at 132.00, which was repeatedly the place of struggle between bulls and bears. So...

Inverse Head & Shoulders on COPPER

COPPER has been rising since the end of last year, when long-term downward trend has been broken, and reflects fundamentals. Another wave of strengthening...

AUDJPY Pinbar in Direction of the Trend

AUDJPY is already growing since the end of August, when a candle with a long lower shadow appeared on the chart. Over the next few...

GBPAUD Tests Significant Resistance

As a result of the four-week rally, GBPAUD has already reached the crucial resistance level of 1.7120 yesterday, where today the first supply reaction...

CADCHF Tests Upper Limit of 2.5 Years Consolidation

CADCHF for more than two and a half years moves in horizontal trend (in consolidation) since the memorable "Black Thursday," when the drastic and...

CHFJPY with Potential of Over 100 Pips Drop

As a result of recent increases CHFJPY exchange rate reached vicinity of resistance level at 115.25, where a strong supply response occurred just over a...

NZDCAD is Breaking the 8-Year Trend Line

NZDCAD has been moving in a horizontal trend (consolidation) since January 1982. As a result of market rally since February 2009, pair again reached level...

USDJPY Tests Significant Resistance

USDJPY has been moving in a horizontal trend (consolidation) for a long time. It is worth noting that the upper and lower limits of...

Will the Gold Rush Reach $1305?

Looking at GOLD price we will note that it has been moving for a long time to the north. As a result of these...

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