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...
EURUSD movement in the channel until Thursday?
According to a last week analysis: "The target of the upward move will be the level 1.1450, which was a top in mid-September." and...
OIL brent – near key level above support
In previous analysis I indicated target for upward movement 36.00, I wrote: "rebounds at OIL were usually dynamic so while the key levels weren't...
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...
AUDJPY – attempt of break below the lower limit of the flag pattern
Since August AUDJPY moved in a flag pattern. Flag is a pattern of trend continuation which means that price should break below lower limit...
AUDJPY – direction of movement 82.00
Since the end of August AUDJPY moves in consolidation between the levels 82.00 - 87.50. In October price twicely tried to break above resistance....
EURJPY – lowest since mid-2013
Yesterday EURJPY broke below support at 126.00 level and continues downward movement. Nearest support at area 125.00 was tested. Currently it is likely that...
USDJPY – movement inside big triangle pattern
Since February 26 USDJPY is moving in side trend between levels 112.30 - 114.40. It has to be noted that volatility is decreasing and...
USDCAD – near 11-years high
In analysis of October 27 I pointed levels where price goes. I wrote: "Nearest target of upward movement there are two levels of 1.3215...
CADJPY – on its way to support at 88.90
Today CADJPY broke below support at 90.70 level. Currently declines stopped at weak support at 90.10 and we should see a return movement attempts....
