FxGrow Offers 50% Discount for Summer Trading

50% Spread Discount promotional offer will be extended until the end of summer! The 50% Spread Discount special offer is available for all new FxGrow...

Sterling Loses Momentum As UK’s Election Race Tightens

GBP/USD peeked last Monday to 1.3043, boosted by PM May with her conservative party heading polls. But last week's terror attack on Manchester costed...

The MACD Indicator and Price Divergence

Divergence provides clues not answers Charts are merely graphical representations of the price of an asset over a defined period. Some novice traders get things...

NZDCAD – long PIN BAR candle at the resistance

Yesterday on NZDCAD interesting daily candle occurred. Demand was punished for too rapid attempt of rebound and on the chart PIN BAR candle occurred...

GBPUSD – above resistance 1.4400

After last week’s selloff at GBPUSD which started after terrorist attacks in Brussels, declines reached support at 1.4070. Declines were finished last Thursday after...

EURUSD – the test of March’s high

After side trend in which EURUSD moved for a few days (just above 1.1160 level), finally new upward wave occurred. Yesterday first resistance at...

Crude oil tests the price gap

On the daily chart of May contracts for crude oil, we can see that price once again tested the support area defined by weekend...

EUR/GBP – chance for getting higher

This analysis is a continuation of previous one, published on Thursday 24th of March. Since then, EUR/GBP has failed in getting through the last...

EURGBP – 16-months high

Since the beginning of December 2015 EURGBP moved in strong uptrend. Short correction which started one month ago probably was finished. New 16-months high...

USDJPY – rebound in progress

In last analysis I indicated the triangle pattern, as you can see it was broken down. After that declines accelarated, however once again support...

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