EURAUD – Testing Highs from Last Year

EURAUD pair tested last week highs at 1.5095 set in September 2016. However, closure of the week took place already under this level, and...

Harmonic Trading – EURGBP – Reaction to BAT Pattern

Trading based on harmonic formations largely depends on proper measurement of the Fibonacci retracement in relation to individual price movements. Description of all formations can...

Is the Party Over?

Hi Everyone, I want to wish a very happy boat festival to everyone in China, a great Spring Break Day to the UK, and a...

AUDNZD – Lowest Since February 8th

Downward trend on AUDNZD The downside trend for AUDNZD is doing great. Supply once again proved on Friday that it is in power. Significant support...

Guten Morgen DAX 29.05.2017

DAX is one of the most popular indexes in the world. It is listed on Frankfurt Stock Exchange. Virtually every day there is very...

Daily Forex Market Preview – Amid A Slow Trading Day, Draghi’s Speech Stands Out

The markets are looking to a slow trading day today with the British and the U.S. markets closed on account of the Spring bank...

AUDCHF – Breaks Important Support

As a result of calm upward correction from September 2015 - AUDCHF reached a very important resistance at 0.7750 converging with downward trend line, where...

Market Overview – Butterfly Economy

Hi Everyone, Like a caterpillar emerging from its egg, the Internet came to the general public just before the turn of the century. Until then...

Analysis for Beginners: AUDUSD – Breakout From Growth Channel

In the last analysis of AUDUSD pair I pointed out a clear bullish channel that occurred as a correction of dynamic bearish impulse. Yesterday...

Guten Morgen DAX 26.05.2017

DAX is one of the most popular indexes in the world. It is listed on the Frankfurt Stock Exchange. Virtually every day there is...

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