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Analysis for Newbies: AUDUSD Under the Key Trend Line

As can be seen on the weekly chart  AUDUSD was below the trend line extended from the 2016 low. So far we can not...

Analysis for Newbies: AUD/USD – Leaves Consolidation

AUD/USD moves in a classic way. Since the beginning of September, we have been dealing with a downward trend. In mid-November this was confirmed...

Analysis for Newbies: GBP/JPY – Time for Declines.

The British currency has strengthened quite significantly in recent days on the news of reaching an agreement on Brexit. Probably it was premature optimism,...

Analysis for Newbies: NZDJPY Slowly Corrects Recent Declines

NZDJPY is in a downward trend, where the highs and lows are formed at lower and lower levels. After setting lows at 76,07 last...

Analysis for Newbies – NZDUSD Test of Channel Resistance

NZD/USD is currently in an interesting layout. Chart H4 shows that the price still respects the edges of the bearish channel. The current upward...

Analysis for Newbies: GBP/CHF – Close to the H4 Trend Line

The British currency starts Thursday's session from declines. The cross with Frank on H4 chart shows that the bears target can be well-respected trend...

Analysis for Newbies: Bearish Engulfing on Gold

GOLD on the daily chart formed a strong bearish engulfing formation yesterday. Layout is definitely bearish. On the chart I marked most of such...

Analysis for Newbies: USDMXN Loses Battle with Resistance?

USDMXN reached last month a key resistance near 19.2745. As you can see on the daily chart below, resistance has been fought since then,...

Analysis for Newbies: USD/CAD – Reflection from Trend Line

USD/CAD is at very interesting turn. All thanks to yesterday's demand response which took place right next to the upward trend line and after...

Analysis for Newbies: EURNZD and Head & Shoulders Formation

EURNZD after a strong upward movement was not able to establish new maximum. This behavior of price indicates exhaustion among sellers, and technically means...

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