Gold may cheapen this week – there are fundamental and technical reasons
Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...
Ichimoku Kinko Hyo – AUDUSD, NZDUSD- October 15th
EURGBPBullish trend on EURGBP reached Senkou Span B on weekly chart 0.7490 and today is testing Tenkan-sen support on the daily cahrt 0.7412. Chikou...
Ichimoku Kinko Hyo – GBPUSD, GBPJPY, AUDUSD – October 16th
GBPUSDYou can read Ichimoku strategy description here.The pair stays in consolidation after latest gains. Resistance is at Kumo top and line (7/8)P 1.5503 and...
USDJPY, USDCHF – possible further strengthening of Yen and Franc – 06.05.2019
Last week I analysed the two currency pairs USDJPY and USDCHF with quite good results. Looking at the current situation on the charts, they...
Oil.WTI – declines after breaking the confluence of supports. Bottom of the channel is...
The prices of WTI crude oil in relation to the dollar have been moving above the accelerated trend line running from the middle of...
USDJPY – will the H4 chart show us the beginning of the correction? –...
USDJPY - since March this year the pair moves in an uptrend. An important level of resistance in the area of 111.40 was defeated...
Guten Morgen DAX 11/16/2016
DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Every day there is very...
Ichimoku Forex Review – January 30: AUDNZD, EURCAD, EURUSD, GBPCHF, GBPUSD
Without further ado, let’s begin the daily market review using Ichimoku technique:
AUD/NZD:
Price released itself from the cloud (kumo), breaking through the key resistance level....
USDCAD – breaking out from a triangle – 09/04/2019
USDCAD quotations since the beginning of March have been moving in a consolidation with an ever smaller amplitude which turned to be a triangle...
NZDCAD – supply reaction on resistance
Since 1,5 months there was uptrend rally at NZDCAD. In this period price gain almost 1000 pips without any bigger correction. Even at last...