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    GBPUSD – waiting to break out of consolidation

    Major Piotr Drabik -
    Today's surprising data reading of core inflation in the UK has caused a violent reaction on GBPUSD pair. Inflation rises above forecasts what may mean...

    USDCAD ends correction and now it’s time for a new peak.

    Major Piotr Drabik -
    USDCAD (US Dollar vs. Canadian Dollar) is at levels which were seen in 2004. Traders are biding higher levels what asures that the current...

    EURUSD (D1) The price will fall after two bearish formations?

    Major Marcin Nowogórski -
    Double Top at 1.121 EURUSD and broken growth channel. The second formation is Evening Star (blue color on chart). Target Falls: 1.082 Alternative Scenario: Moving back...

    GBP/USD (H4): Side trend

    Major Marcin Nowogórski -
    GBP/USD (H4): Side trend Forecast: Reaching resistance at 1.5670 and getting lower Alternative scenario: Breaking resistance at 1.5670 and going further Comments: We saw reaction of bears...

    Price Action Setups Daily – EUR/AUD, GBP/CHF, USD/CHF– August 14th

    Major Damian Chmiel -
    The next week I will not publish Price Action analysis – due to my summer holidays. For today we have three currency pairs: EUR/AUD,...

    GBP/USD (H4): Increases after correction

    Major Damian Chmiel -
    GBP/USD (H4): Increases after correction Forecast: Targeting 1.5670 – consolidation upper limit Alternative Scenario: Breaking below current short-term channel Comments: Yesterday we saw a small correction and...

    USD/JPY (H4): The price will fall?

    Major Damian Chmiel -
    USD/JPY (H4): The price will fall? Forecast: Rebounding from 124.50 resistance (previous support) Alternative scenario: Moving back inside bullish channel Comments: USD/JPY moves lately in strong downward...

    GBP/USD (H4): Cable in a consolidation

    Major Damian Chmiel -
    GBP/USD (H4): Cable in a consolidation Forecast: Rebounding from local support zone near 1.5550 – look for buy signal there Alternative Scenario: Moving back to consolidation...

    Ichimoku Kinko Hyo – GBP/USD, GBP/JPY, GBP/AUD – August 6th

    Major Damian Chmiel -
    GBP/USD GBP/USD since longer period of time stays inside tight trading range between 1.5500-1.5650. However today’s session may become a “Cable Day” due to Super...

    Price Action Setups Daily – GBP/JPY, USD/CAD, USD/JPY – August 6th

    Major Damian Chmiel -
    GBP/JPY Currency pair broke above resistance, which should act now as a support. The next resistance is not far away from the previous one, but...
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