EURAUD – breaking out from a inside bar pattern – 30.09.2020

Interesting situation on the EURAUD pair. The range of daily candle from 24.09 couldn't be breached for next two days, so an inside bar...

GBPJPY – correction on demand zone – 27.09.2020

The GBPJPY pair was moving in a strong downward trend over the past month. From a maximum of 142.70 on 01.09 it fell by...

GBPNZD, GBPJPY – in the same direction? 21.09.2020

The GBP - the British pound seems to be under pressure recently, with the inevitable deadline for a trade agreement with the EU approaching....

AUD/CAD – overcoming this trend line will bring further increases – 26.08.2020

The Australian dollar (AUD/CAD) rate has been steadily rising recently. However, the bullish momentum has expired and the quotations have changed direction. The downward...

EURGBP – target: confluence of support – 28.07.2020

The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...

NZD/CAD – a bearish divergence heralds declines – 15.07.2020

The NZDCAD pair - representing the exchange rate of the New Zealand currency to the Canadian dollar - set last Friday at 0.8950 maximum...

EURNZD – a descending wedge on support – 13.07.2020

Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

EUR/GBP – Response of demand on key support – 07.07.2020

The EUR/GBP exchange rate reflects from a clear support. The RSI indicator confirms the upward trend. The EUR/GBP pair has been corrected quite substantially and...

GBPUSD – broken neck line of an iH&S – 02.07.2020

On the pair of the British pound with the American dollar (GBPUSD), popularly known as the "cable", the point of confluence of the two...

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