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

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....

USDCAD – ABC correction may be already finished

Since January 20 USDCAD corrects its earlier long uptrend. Declines are already 700 pips and price reached important level. Support at 1.3970 is strengthened...

EURGBP – bulls offensive in progress

EURGBP moves in uptrend since lows from November 2015. Upward movement is very dynamic. Corrections which occurred during this period retraced only 23.6% of...
USD bulls

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...

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...

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