GBPUSD – dynamic rebound after price reached 6-years low
In Monday's analysis (after upward movement in the morning) I pointed two scenarios: successful rebound or deepened falls: "it is likely that today will...
NZDUSD – key resistance
Today NZDUSD reached to a key resistance, which is located in area 0.6900. That level is strenghtened by downtrend line and Fibonacci 50% level. Since...
EURJPY – double bottom pattern, but demand doesn’t look very strong
For almost 3 weeks EURJPY moved in a downward channel. All this time the movement was near to key support. On last Thursday after...
EURCAD – close to break below support
Since 2012 there is a huge volatility at EURCAD. Clear trends last many months, and later there is no consolidation, but new dynamic trends....
USDCHF – appreciation of the dollar pushes the price towards resistance
The currency pair USD CHF been declining since the beginning of February, a dynamic drop led to a break of the trend line conducted...
EURUSD – below 2-month minimum
Almost a monthly upward movement on EURUSD was stopped because of verbal intervention by the head of European Central Bank. Mario Draghi announced that...
GBPNZD – after 4 months of declines rebound is likely
Since the beginning of this year to August GBPNZD gain almost 25%. In August there was a correction that lasts until today. Currently there...
GBPCAD – new 8-months low
Last week's analysis was profitable for traders. I wrote: "current goal for bears is 1.9480 level" and "if price tests 1.9480 level, rebound will...
EURJPY – this year’s lows at the viewfinder of supply
Since half year price moves in downward trend. On last Friday supply break below important support at 131.00 level. Today EURJPY drop below 130.00....
EURGBP – fast correction and return to uptrend
Since almost a year demand was unable to break above 0.7480. From the other side, supply likewise wasn't able to broke below support at...