EURCAD – trendline and key support

EURCAD draws a double top pattern. Since the high of August 2015, the price falls. On Friday it reached a significant level around 1.4400...

GBPUSD – possible break below the flag bottom

Yesterday lower limit of upward channel was tested and it was another test since September 2015. If there will be a successful breakout from...

AUDJPY – direction of movement 82.00

Since the end of August AUDJPY moves in consolidation between the levels 82.00 - 87.50. In October price twicely tried to break above resistance....

EURJPY – the lowest since April 2015.

EURJPY situation had become quite dangerous for the bulls. After moving downward, which lasted from December 2014 to mid-April 2015 there was rebound. Upward...

NZDUSD has reached fibo 38.2%, declines are back?

Analysis from October 21 gave profit about 150 pips, I wrote: "price reached the level of 0.6700" and "if the rebound will appear next...

GBPJPY – continuation of an uptrend

Since two months GBPJPY moves in the range of 180.50 - 187.50. Since the beginning of October price continues the upward movement that began...
EURUSD

EURUSD – below 2-month minimum

Almost a monthly upward movement on EURUSD was stopped because of verbal intervention by the head of European Central Bank. Mario Draghi announced that...

EURAUD – the second month of falls and break below support

In the previous analysis I pointed that upward movement is a correction and if break above 1.5780 fails declines will be back and target...

USDCAD – rebound and return to a main trend

In analysis from October 16 I wrote: "Currently price will test level 1.2800. As you can see on the daily chart is extremely important...

USDPLN – elections caused upward movement above 6-months high.

Yesterday in Poland were parliamentary elections. According to the preliminary results the current government lost its power in favor of the opposition. This resulted...

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