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...

Trading for beginners – bullish H&S formation on GBP/USD?

GBP/USD breaks above bearish trendline conducted since August 2015. It had tested the line from above and now we're witnessing further gains. Try out XM...

USD/CAD on last July levels

USD/CAD nose-diving lower and lower which brings currency pair to levels which had been last seen in July 2015. Pair is currently at support...

Trading for begginers: AUD/CAD is testing the trendline

Triangle formation on AUD/CAD is still in game which led to another test of bottom trendline on the pair. Current week starts with bearish...

GBP/AUD breaks above bearish trendline

After a test of 1,8310 area GBP/AUD skyrocket on H4 interval and breaks above short-term bearish trendline. What's going to happen next?   Current week starts...

PFSOFT delivers AlgoStudio to traders using PTMC.

PFSOFT, the trading platform developer notorious for Protrader, released in January 2016 an external trading application, Protrader multi-connect. PTMC allows traders to trade on their...

NZDCAD – long PIN BAR candle at the resistance

Yesterday on NZDCAD interesting daily candle occurred. Demand was punished for too rapid attempt of rebound and on the chart PIN BAR candle occurred...

GBPUSD – above resistance 1.4400

After last week’s selloff at GBPUSD which started after terrorist attacks in Brussels, declines reached support at 1.4070. Declines were finished last Thursday after...

EURUSD – the test of March’s high

After side trend in which EURUSD moved for a few days (just above 1.1160 level), finally new upward wave occurred. Yesterday first resistance at...

Crude oil tests the price gap

On the daily chart of May contracts for crude oil, we can see that price once again tested the support area defined by weekend...

GOOD TO KNOW!

RECENT ARTICLES