USDCAD Lowest Since May 2016

USDCAD, after reaching a 14-month high at 1.3790, started a downward rally which lasts for almost 3 months. During this period, there were as...

Morning Options: EUR/CAD – PUT, EUR/JPY – PUT

EUR/CAD - on H4 chart price well respects edges of bearish channel for a long time. Currently, after a larger correction, pair oscillates close...

EURUSD – No Trace Left After The Night Turmoil

Expected by many sudden weakening of the US dollar had actually taken place, but did not survive the test of time. Strictly speaking, it...

Trump to Decide on Fed Chair

Dollar reacting to likely pick’s outlook There are three likely candidates remaining to be Chairman of the Federal Reserve in February. The current incumbent, Janet Yellen...

AUDNZD – Lowest Since February 8th

Downward trend on AUDNZD The downside trend for AUDNZD is doing great. Supply once again proved on Friday that it is in power. Significant support...

Hard Brexit Moves Ever Closer

May struggling to find common ground Theresa May the British Prime Minister spoke to her (for now) fellow EU Heads of Government last evening in...

USDCHF – Bulls Before Challenge

Consolidation under resistance Dynamic, even vertical reflection after testing support at 0.9860 slowed down. USDCHF reached its resistance, which is the maximum from April 2017...

AUDJPY in Area of Significant Resistance

AUDJPY since beginning of June this year is moving north. Recently as a result of these increases market broke resistance at level 85.50. After...

Analysis for Newbies: EUR/JPY – Opportunity to Complete Correction?

On daily chart of EUR/JPY we observe a strong upward trend since mid-April. Currently a correction is in progress that violates with lower shadow...

Rate Hike Drives Sterling Lower

Carney remains cautious on Brexit It was only to be expected in an environment where just about every piece of data pointed to no change...

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