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....

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...
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...

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....

AUDCAD – reached lower limit of bearish channel

Friday brought huge selloff at AUDCAD. Falls ranging almost 200 pips during just one session certainly isn't a common picture. Bears broke three important...

GOOD TO KNOW!

RECENT ARTICLES