From Investor to Scalper: CHFJPY – Time for a Break for Bulls?

On monthly chart of CHFJPY we see a correction of last bearish impulse. Continuous growth has been going on for three months and was...

GOLD has been moving toward 1390$

I was very precisely in previous analysis entitled “declines will continue to 1310$, there rebound should occur” and as we can verify it now...

Euro Steadies, Growth data expected

ECB reacting to patchy growth There are rumours that a few members of the Governing Council of the European Central Bank agree with Bundesbank President Jens...

GBPUSD – resistance at 1.3370 is again in game

Yesterday GBPUSD tested resistance at 1.3370 but with no avail. Today demand continues and the mentioned level should be tested again. That task won’t be...

GBPJPY – Close To Settlement

Movement between down trend line and support 136.70 There is little room left to continue GBPJPY movement between the downward trend line and the support...

USDCHF – attempt of breakout from narrow consolidation

USDCHF fell more than 200 pips since the beginning of September. Currently, we can’t exclude that even 0.9540 level will be tested again. In...

Yellen’s Guidance Supports Dollar

Removal of data dependency signals rate rise The combination of the removal of data dependency when making interest rate decisions, combined with the removal of...

EURUSD – movement in the channel with target 1.1420

Since July 27th EURUSD has been moving in the channel. Last Thursday the price tested 1.1370 level which were the upper limit of the...

NZDJPY Response On Support 77.00

Over 2 months in a down trend At the end of January attack on the pair of NZDJPY at 83.30 failed. As a result, a...

Dollar Direction Impossible to Predict

Variable influences drive narrow ranges As traders try to hang on to the profits they have made during the year the dollar’s direction has become...

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