EURJPY – decline at the Fibonacci level of 61,8%
At the beginning of this week Japanese BoJ minuts from the March meeting were published and impacted bullishly EURJPY. Just on Monday local high...
Price Action Daily Setups – AUDJPY, EURCAD, GBPCAD – May 13th
EUR/CAD:
EURCAD sentiment has changed to bearish . If this currency pair reaches resistance and there Price Action sell signals occur there (at the chart...
DAX Daily Update – May 13th – Once again on the area of support
On Thursday there was a huge volatility on German DAX. Index moved between support and resistance reaching 500 pts of range. Traders on DAX...
EURCHF has sharply fallen.
One week of upward movement was erased today at EURCHF. On Tuesday the price has reached weak resistance at 1.1100 and sharply fallen after...
EURAUD has been staying near important resistance
Previous analysis of EURAUD was quite profitable. I forecasted return to upward movement after the correction. So it happened however demand was stronger and the...
DAX Daily Update – May 12th – Evening Star Pattern
DAX slipped on bearish trend line and because of external situation rebounded from resistance at 10,100 pts. EURUSD wasn’t helping, it was gaining all...
Price Action Daily Setups – AUDJPY, EURCAD, GBPCAD – May 12th
AUDJPY
On AUD/JPY currency pair I am still waiting for sell signal. Previous support was re-test from below, but we did not get any selling...
USDCHF – V pattern
Last week supply at USDCHF failed to broke below support at 0.9500. Reaction of the demand was very rapid. At the chart we can...
DAX Daily Update – May 11th – No Important Data
S&P500 started to gain again as expected. Now it is getting close to important resistance at 2,100 pts. DAX is correlated with US index...
EURUSD at support 1.1380, reaction will cause further direction of movement
Since Monday there is a low volatility at EURUSD. The price has been continuing its downward movement since last week's attempt of breaking above...