NZDUSD – upward movement after RBNZ decision

Yesterday Reserve Bank of New Zealand announced its interest rate decision. As forecasted, main rate was reduced. This caused volatility on the NZDUSD. First,...
USD bulls

USDJPY – monthly support has been broken

Since last month USDJPY moves in a narrow consolidation between 122.30 - 123.60. Today demand gave up after 4 defenses of support at 122.30...

AUDJPY – correction in upward trend

In last week 90.40 level was tested and caused rebound. Yesterday price broke below support at 89.60 level (visible at daily time-frame) and currently...

CADJPY – on its way to support at 88.90

Today CADJPY broke below support at 90.70 level. Currently declines stopped at weak support at 90.10 and we should see a return movement attempts....

EUR/USD: Will bears need to step down?

Last couple days were a blood bath on EUR/USD pair and more or less all currency pairs with Euro and Dollar. DAX and other...

PIP WARS contest began. Let the force be with you.

PIP WARS contest began. Join to the game. All you need to do is trade. Trade effectively. The winners will be traders, who have generated the...

AUDCAD – 500 pips of upward movement without correction

Since November 11 AUDCAD moves in an uptrend rally. Price moved upward 500 pips without correction and 3 resistances were broken above. Soon there...

EURGBP – it’s time for a second test of resistance at 0.7250

Last analysis from November 27 gave earn 120 pips. I wrote about consolidation and possible target of upward movement at 0.7200. In fact that...

AUDUSD – highest since August 2015

Today one of the most volatile currency was AUDUSD. Despite today's non-farm payrolls market behaved calmly. Reading was in line with forecasts and reaction...

EUR/USD: Are traders willing to snuff the yesterday candle?

EUR/USD yesterday moved more than 450 pips up – commentators haled this move one of the longest since last 6 years. However life teaches...

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