Trading For Beginners – GBPCAD – Break of Trend Line

GBPCAD was moving in bullish channel since 2013. After setting high at 2.0970 bulls tried to fight it twice, but they failed. Dynamic decreases started...

Forex after US closing – 2/23/2016: AUD/USD, CAD/CHF, GBP/CAD

Hello Traders, what's going on market after US closing? ;) AUD/USD Pinbar is building on a daily chart. Last local high has created a local resistance...

GBPCAD – new 8-months low

Last week's analysis was profitable for traders. I wrote: "current goal for bears is 1.9480 level" and "if price tests 1.9480 level, rebound will...

Price Action Daily Setups – EURAUD, EURCAD, EURJPY, EURUSD, GBPCAD, GBPCHF – February 22th

The chance of Brexit is a little smaller and I am curious of pound reaction for this fact. All the time uncertainty is present...

Price Action Daily Setups – EURAUD, EURCAD, EURUSD, GBPCAD – February 19th

Quite calm period on the markets. So far volatility is much smaller and it seems like traders are waiting for trend direction. Yesterday a...

GBPCAD – lowest since 7 months

Since mid-January GBPCAD moves in a downtrend. Price moved above support 1.9890 until yesterday. Support was broke below and price continues its declines. Next...

Trading For Beginners – GBPCAD – Break of Horizontal Pattern?

GBPCAD is still moving in wide horizontal pattern since setting high at 2.0970 in the end of 2015. The range of this pattern is...

Price Action Daily Setups – AUDNZD, EURUSD, GBPCAD, GBPCHF, NZDUSD – February 16th

Yesterday was quite calm day because of work-free day in the US, but today it may be more interesting. All the time shadow of...

GBPCAD – huge volatility after BoE decision

Today huge volatility occurred at currency pairs with GBP. It was caused by BoE decision on interest rates. That decision was consistent with forecasts...

Price Action Daily Setups – AUDUSD, EURAUD, GBPCAD, GBPCHF, NZDJPY – January 13th

AUDUSD Interesting situation here. Yesterday we saw sell signal in shape of Outside Bar, but Stop Loss in comparison with potential Target Point was too...

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