AUD/USD deepens 6-year lows

Australian to US dollar fell during Friday’s trading below wide consolidation 0.7383-0.6900 drawn from the middle of the last year. As a result, long-term,...

AUDCAD – one week of correction and return to uptrend

Bulls strikes back on AUDCAD. New year started with falls after almost vertical upward movement which lasted in November and December last year. After...

EURJPY – failed attempt of break above triangle upper limit

In January there is a side trend at EURJPY and price formed triangle pattern. Today bulls tried to broke above upper limit of the...

NZDCAD – it’s not the end of correction

After upward movement lasting 2 months NZDCAD reached resistance, which since 2014 has been causing rebounds. That's also happened now. For the third time...

CADJPY – closer to stronger support zone

Analysis from December 17 was very profitable. However declines without any correction reached much lower than I expected (black symbols at H4 chart). I...

GBPAUD – movement in downtrend channel

Since last year's August GBPAUD moves in a downtrend. Previous wave of declines finished at 2.0170 (almost 7-months low) and rebound occurred. Price was...

EURUSD – movement in downward channel suggest the direction of breakout

Since December 4 EURUSD moves in downward channel between 1.0720 - 1.1050. Fundamentally dollar should strengthened and EURUSD continue its declines but it doesn't....

AUDUSD – dynamic rebound from the support

Since the beginning of this year AUDUSD falls and broke few supports. For 6 sessions there was lower highs and lower lows and this...

XM offers $20,000 in free Forex contest per month!

Every month XM is offering all its clients the opportunity to participate in 4 forex contests giving out $5,000 every week in cash prizes,...

EURJPY – support reacted, it is time for a bigger rebound

Last week analysis was very profitable. In analysis entitled: "EURJPY - approached important support", I wrote: "Rebound may occur in a moment. Key level...

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