EUR/JPY – Over 2-year old trend line test – 28/12/18

Since the second half of October, the price on the EUR/JPY weekly chart has been trapped in an inside bar formation (consolidation). However, at...

NZD/CAD once again tests broken support – 14/01/2019

The NZD/CAD currency pair broke the sequence of growing lows and highs on the daily chart, as I mentioned in the analysis of 4...

“When Theory meets Practice” – summary of the week 03-08/12/2018

This week's macro events which would be worth mentioning were: OPEC meeting in Vienna, Payrolls (USA and Canada) and BoC's decision to leave the...

CADJPY – long term trend line rejected – 04/03/2019

CADJPY since the memorable night on January 2/3 this year, when flash crash on pairs with Jen led to the setting of a 2-year...

USDCAD – so if it was a Fake Breakout…? – 29/11/18

USDCAD 29/11/18 USDCAD - The situation on this pair was described in the Monday analysis. The Inside Bar there described, which was created by the...

Price of GOLD (XAU/USD) in consolidation since the beginning of the year – 16/01/2019

Gold prices in relation to the US dollar (XAU/USD) overcame the key resistance of $1243.30 last December. In turn, already this year, the price...

“When Theory meets Practice” – 05/01/2019

The last week of December and the first New Year is usually characterised by low liquidity and short-term consolidation movements. The same would be true...

USDJPY – Inside Bar on Daily – 25/02/2019

USDJPY reached its maximum of 114.50 in October 2018. After several unsuccessful attempts to establish a higher peak, since mid-December of last year violent...

EURNZD – Head and Shoulders formation on H4 chart – 14/01/2019

The EURNZD has been moving in a downward trend since 8 October, when it set a maximum of 1.7920. At the beginning of December,...

Simple Correction

The key to trading with the main trend A simple ABCD correction appears in trends and in the movements opposed to the main trend. This can...

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