USDCAD strikes an important resistance zone – targeting 1.3289 – 09/11/18

USD/CAD today during the morning trading hours broke a significant resistance zone at 1.3175, showing further demand pressure. Directly before the breakup, the two...

Analysis for Newbies: AUD/USD – before the key resistance

Quotations of antipode currencies are definitely gaining in recent weeks. It seems that the main factor of their earlier weakening were the risks associated...

EURNZD – strengthening of kiwi after data from the labor market – 07/11/18

EURNZD has been struggling since last Friday with key support at 1.7120, which has stopped sellers from continuing the downward trend. As can be...

Analysis for Newbies: GBP/NZD – despite the wave of declines, still in an upward...

An interesting technical and fundamental situation is created on the daily chart of the GBP/NZD pair. After the sharp wave of drops in October,...

NZDCAD – bullish momentum favours longs – 05/11/18

The first day of the current month on the currency pair NZDCAD belonged to the buyers. The same was during the last session of...

CHFJPY reflects from 111.82 and overcomes the downward trend line – 02/11/18

After the previous significant strengthening of the Japanese yen, it is time to weaken this week. The recovery is also visible on the CHFJPY...

AUDUSD – an increasing momentum after breaking the confluence of resistances- 02/11/18

I watched AUDUSD last Monday, where I paid attention to respecting key support around 0.7043. Of course, the pair was in a downward trend...

AUDCHF breaks resistance at 0.7120 – 31/10/18

The AUDCHF moves in a downward trend, where in September the minimum around 0.6880 was set. There, too, is currently the key support, from...

Analysis for Newbies: CAD/JPY – since March in the growth channel, time for reflection?...

The CAD/JPY pair looks very interesting from the technical side. The daily chart shows that the price perfectly respects the edges of the growth...

Analysis for Newbies: USDCAD – at new maximum – 26/10/18

The USDCAD currency pair quotations during the Wednesday's session slid to the trend line running from the minima of the current month. This movement...

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