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

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...

USD/JPY (H4): Important resistance broken

USD/JPY (H4): Important resistance broken Forecast: USD/JPY broke above important resistance (124.50) – targeting 125.80 Alternative Scenario: Moving back below 124.50 (current support) Comments: 124.50 capped further...

AUD/JPY (H4): Selling signal

AUD/JPY (H4): Selling signal Forecast: Pin bar near 92.30 resistance forecasts decreases Alternative scenario: Moving above current highs Comments: Initial target for potential decreases can be found...

Price Action Setups Daily – EURUSD, GBPAUD, GBPUSD, USDJPY – August 5th

EUR/USD Euro to US dollar is moving towards support and if it rebounds, purchase signal may occur. Another interesting scenario however, will be breakout of...

DAX Market Update – Tuesday Summary

Tuesday session was not successful for the US stock indices, which however, has not affected the German DAX. While the main index ended the...

NZD/JPY (H4): In the direction of a support

NZD/JPY (H4): In the direction of a support Forecast: Targeting the consolidation lower limit at 80.60 and rebounding Alternative Scenario: Moving below current support (July lows) Comments:...

GBP/AUD (H4): Fall of important support

GBP/AUD (H4): Fall of important support Forecast: Corrective reaction targeting 2.12 (previous support) Alternative scenario: Moving lower to next support level (2.0880) Comments: GBP/AUD broke below long-term...

Price Action Setups Daily – AUDNZD, EURUAD, EURJPY, GBPUSD – August 4th

AUD/NZD Downward correction closed the position on SL. It is worth noting, that the signal that appeared a little bit later also ended the same...

DAX Market Update – Monday Summary

On Monday 9:55AM CET, German PMI readings were released and 5 minutes later the same readings for the monetary union. Booth of them were...

EUR/JPY (H4): Possible further decreases

EUR/JPY (H4): Possible further decreases Forecast: Breaking below 135.50 and moving lower Alternative Scenario: Moving back above increasing correction line Comments: EUR/JPY is falling since last two...

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