Dollar Suffering as Euro Soars

Sanguine Draghi drives Single currency The long-awaited ECB meeting where Mario Draghi was supposed to announce the commencement of the tapering of the Asset Purchase...

OIL WTI – Breaking Level of 50.00

The price of WTI finally broke out of of quite a flat consolidation within which lasted more than two weeks. Consolidation initially took the form of...

From Investor to Scalper – GBPJPY Rejects Triangle Resistance

As a result of rejection of local resistance at 195.00 GBPJPY since August 2015 moved dynamically south. These declines did not reach vicinity of the...

USDJPY – successful week for the demand, but resistance is near

The demand at USDJPY has had very successful week. For 5 days this currency pair has overcome declines which occurred after Brexit decision. However,...

Merkel facing Coalition Dilemma

German President wants a coalition Angela Merkel, the German Chancellor, has found herself in an unusual position following September’s election. She is unable to exert...

EURGBP – upward movement after the BoE’s decision

The Bank Of England kept rates unchanged what was consistent with market's expectations. After the decision EURGBP sharply moved up. The price moved between...

CHFJPY- Head & Shoulders on Weekly and Daily Charts?

Very interesting "figures" draws pair CHFJPY on the Weekly and Daily charts. I do not like pairs with Swiss franc (CHF) due to its...

EURUSD – Close to the Support

The price of EURUSD was quite calm lately. Even FED and ECB meetings did not cause any big moves. For the last 6 weeks...

GOLD – Further Growth Possible

Looking at GOLD charts we notice that price has moved north almost continuously for three weeks. In result of this growth market last Wednesday...

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...

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