EURCHF reaches the downward trend line – 27/08/18

The EURCHF is in a very important place. The currency pair has been in a downward trend since April this year. After reaching the...

EURJPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below, the red line is directed upwards, while the blue one remains...

Daily Forex Market Review – ADP Payrolls Set The Stage For A Stronger NFP...

The U.S. dollar was bullish yesterday lifted by a stronger than expected private payrolls data. According to ADP/Moody's the private sector, hiring was robust...

EURAUD Again In 1.46 Area

EURAUD since February 24th is moving up. Price reached key resistance at 1.4600 where last week there was first bearish reaction. Decreases did not...

AUDUSD – Above 0.7500

After strong decreases from June 24th AUDUSD was placed between support at 0.7310 and resistance at 0.7500. Since Tuesday June 28th bulls were dominating,...

USDJPY – Bearish engulfing on monthly chart – 03.03.2020

February 2020 is over, the monthly candle has closed, we can take a closer look at the situation on the monthly chart...

“Search, Analyse, Trade” Sentiment 09/10/2017 – EUR/USD, GBP/USD, USD/JPY

"Search, Analyse, Trade" is a series of analyses for Price Action and Elliott Waves. Its detailed step-by-step description can be found over here. I invite you...

NZDCAD – Shy Break out of Consolidation

NZDCAD on H4 chart reached key resistance at 0.9521 where there are Murrey 8/8 line. This level coincides with daily 6/8 line and weekly...

Ichimoku clouds on EURJPY

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price...

GBPCAD – break above upper limit of consolidation, however correction may be unfinished

For 2 weeks GBPCAD moved in consolidation between levels 1.9780, 2.0030. Yesterday, bulls broke above upper limit of consolidation and today stronger resistance at...

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