USDCHF – attempt of breakout from narrow consolidation

USDCHF fell more than 200 pips since the beginning of September. Currently, we can’t exclude that even 0.9540 level will be tested again. In...

GBPUSD – resistance at 1.3370 is again in game

Yesterday GBPUSD tested resistance at 1.3370 but with no avail. Today demand continues and the mentioned level should be tested again. That task won’t be...

USDJPY – attempt of breakout the downtrend line was unsuccessful

USDJPY finished day above downtrend line on Friday. In long term this weekly candle may be very important and it can be seen as...

GBPJPY – resistance has been broken at 136.50

GBPJPY stabilized between 129.70 - 142.00 after memorable British decision about Brexit. For two months the price has been moving between this levels and...

USDJPY has reached important resistance

USDJPY has been moving upward after breakout of the triangle pattern. That movement was divergent from the previous trend. It happened because US Dollar...

AUDUSD – 4-months downtrend line was broken

Yesterday AUDUSD broke the downtrend line, but there were still hope for bulls because, the price returned near the line at the end of...

EURUSD – support zone’s breakout will have consequences

Public speech of Janet Yellen FED’s chair was on Friday. As it was expected huge volatility occurred at EURUSD. First the price broke resistance...

AUDUSD – the key resistance at 0.7750 may cause correction

For 3 months AUDUSD has been moving in uptrend. That movement wasn’t continuously but despite some correction the price respected the uptrend line. However,...

SILVER – correction will be deeper

At the beginning of current week SILVER crashed through support at 19.30. In a mod-term this level was important because it was stopping declines...

EURUSD – movement in the channel with target 1.1420

Since July 27th EURUSD has been moving in the channel. Last Thursday the price tested 1.1370 level which were the upper limit of the...

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