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...
USDCAD – another test of resistance 1.3400 without a deep rebound
On Monday for the second time was tested resistance at level 1.3400. Right now rebound after that test is low. First test was in...
CADJPY – breakout of support confirmed by a re-test
In previous analysis from December 8 entitled "on its way to support at 88.90" I wrote that after breaking 90.70 level, falls will test...
AUDNZD – highest since September 2015
AUDNZD continue its upward rally. In November price increased more than 500 pips. There was a return to consolidation in which price moved from...
AUDJPY – upward movement in uptrend channel
As markets expected on Wednesday evening there was a lot of volatility, and all tis due to the FED decision about interest rates. Finally...
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...