USDJPY an opportunity for rebound – double bottom pattern at support

After Friday's selloff current week started with a rebound at USDJPY. Area of 116.50 was defended by demand because further declines (and especially support...

GBPUSD – rebound attempt from support at 1.4250

Last week's analysis was very profitable and gave 350 pips profit. I wrote: "Demand couldn't go back even for a moment above 1.4600. Further...

CHF/PLN – consolidation upper limit breakout after S&P rating downgrade

On Friday Standard & Poor’s rating agency cut the Poland's rating and warned of a further cuts. S&P in note pointed at new government’s actions...

AUD/USD deepens 6-year lows

Australian to US dollar fell during Friday’s trading below wide consolidation 0.7383-0.6900 drawn from the middle of the last year. As a result, long-term,...

AUDCAD – one week of correction and return to uptrend

Bulls strikes back on AUDCAD. New year started with falls after almost vertical upward movement which lasted in November and December last year. After...

EURJPY – failed attempt of break above triangle upper limit

In January there is a side trend at EURJPY and price formed triangle pattern. Today bulls tried to broke above upper limit of the...

NZDCAD – it’s not the end of correction

After upward movement lasting 2 months NZDCAD reached resistance, which since 2014 has been causing rebounds. That's also happened now. For the third time...

CADJPY – closer to stronger support zone

Analysis from December 17 was very profitable. However declines without any correction reached much lower than I expected (black symbols at H4 chart). I...

GBPAUD – movement in downtrend channel

Since last year's August GBPAUD moves in a downtrend. Previous wave of declines finished at 2.0170 (almost 7-months low) and rebound occurred. Price was...

EURUSD – movement in downward channel suggest the direction of breakout

Since December 4 EURUSD moves in downward channel between 1.0720 - 1.1050. Fundamentally dollar should strengthened and EURUSD continue its declines but it doesn't....

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