GBPCAD – double top pattern in progress
Since August 2013 there is uptrend at GBPCAD. Resistance which price already reached caused multiple rebounds between years 1994 and 2007. For that reason it...
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AUDCAD – dynamic rebound from lower limit of a bearish channel
Monday's analysis was very profitable. Rebound that occurred was much faster and more dynamic than it was expected after last weeks' weakness of demand....
USDJPY – movement to 116.00
USDJPY continues downward movement which lasts since early December with a short break. It should be noted, price is oversold and since two weeks...
EURUSD – movement toward 1.0930
Last week EURUSD falls to area 1.0800 during press conference (after EBC meeting). Despite the attempt to deepen this decline, supply wasn't able to...
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...
EURUSD – above support 1.1100, movement towards 1.1380 possible
Since a week EURUSD continues downward movement. Yesterday better than forecasted macro data were published - the US Producer Price Index. The second macro...
EURGBP – return above important support area 0.7710 – 0.7760
EURGBP is above very important support - area 0.7710 (support from 2008) and 0.7760 (support from 2012, 2014). Since the beginning of February there...
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...
USDCHF reached to strong support and Fibonacci 61,8% level
Last analysis USDCHF from November 20 gave profit more than 300 pips, I wrote: "Since a month there is a dynamic upward movement without...
