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NZD/USD – correction gives opportunity to take a short position? – 29/04/2019

The NZD/USD currency pair has recently overcome a significant zone of support confluence. The quotations marked a new low, and now the correction has...

EURAUD – a Confluence of Key Support Levels

The EURAUD is in an upward trend, which is well illustrated by the weekly chart below, where the highs and lows are arranged at...

NZDCAD – Closing of the session Under Confluence of Supports – 06/04/18

NZDCAD on the daily chart closed yesterday under the local area near 0.9286. Earlier, however, the trend line / channel support from May 2017...

EURJPY – Another Contact with Support Confluence

EURJPY is in an uptrend, where at the end of last week a maximum at 137.49 was set, which additionally tested the resistance in...

GBPUSD -Triple Point of Confluence

On GBPUSD yesterday was a strong rebound from a point where we had a triple confluence: line of downward trend ( to be precise-...

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