Analysis for Newbies: EURJPY – a chance for a 130-pips increase – 03/10/18
The EURJPY currency pair is moving in an upward trend. However, recently price have encountered a key resistance around 133.00 /10.
As can be seen...
AUDJPY – continuation of increases after breaking the channel? – 27/11/18
The AUDJPY in the second half of last month bounced dynamically from key support at 78.70. This resulted in the establishment of a higher...
Analysis for Newbies: GBP/NZD – under key resistance zone – 08/01/2019
The quotations of the pound in relation to the New Zealand Dollar (GBP/NZD) have been climbing upwards since around mid-December. However, taking into account...
EURCAD at a key level – 27/11/18
The four-hour chart shows that the exchange rate of the euro against the Canadian dollar is starting to recover after declines from the second...
USD/JPY – Inside Bar on resistance promises reversal? – 28/01/19
Last week's USD/JPY quotes reached the key resistance area, where a horizontal level of 110.00 coincides with the EMA 10/20 average channel. Let's take...
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...
AUDUSD – resistance on H4 – 07/11/18
Aussie last week saw a strong growth impulse, which slowed in the vicinity of the resistance at 0.7240. Currently, there is another attack on...
Analysis for newbies: NZD/JPY – weak Yen encourages to further growth – 15/11/18
The New Zealand dollar exchange rate has recently been very strong, mainly due to good economic readings, but also to the temporary weakening of...
Gold – new high after breaking the resistance – 15/10/18
The price of GOLD in relation to the US dollar increased last week, which led to the closure on Friday over the upper limit...
NZD/JPY – next reflection from the 15-year support zone – 24/01/19
The technical situation on the NZD/JPY pair looks very interesting, especially if we look at higher intervals, e.g. monthly. The chart shows how precisely...