AUDCAD falls stopped at fibo 61,8%, possible move upward to the level of 0.9620

In analysis from October 12 I wrote: "Current level has a chance to bring at least a brief rebound, because it has stopped upward...

Part-time Trading – EURGBP – October 21st

EURGBP – D1On the daily chart we can spot bullish trend. We can identify higher and higher tops and bottoms, we can differ corrections...

GBPCAD – break above upper limit of consolidation, however correction may be unfinished

For 2 weeks GBPCAD moved in consolidation between levels 1.9780, 2.0030. Yesterday, bulls broke above upper limit of consolidation and today stronger resistance at...
EURUSD

EURUSD movement in the channel until Thursday?

According to a last week analysis: "The target of the upward move will be the level 1.1450, which was a top in mid-September." and...

Trading for Beginners – AUDNZD – further decreases on the way

Short position on AUDNZD may be one of the most interesting positions in near future. To understand wider view let’s take a look at...

USDJPY – breaking below the triangle

Interesting situation on USDJPY. For two months price was shaping a triangle pattern. Last week we saw a successful break below the lower limit...

USDCAD (intraday) break above downward channel upper limit

For last 3 weeks price moved in a downward channel. Today price broke above upper limit of the channel. Nearest resistances are on levels...

Trading for Beginners – EURUSD – Demand Getting Stronger

Some time ago we witnessed breakout from long term triangle on EURUSD. According to theory, break above should indicate future sentiment and now it...

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