EURGBP – The Closest Resistance at 0.8860

On Tuesday EURGBP continued its appreciation. Bulls were was able to break the resistance at 0.8740 and are currently moving towards 0.8860. EURGBP reached...

Harmonic Trading – potential ABCD pattern on EURUSD and USDCAD

USDCAD and EURUSD look very interesting when we have harmonic trading in our minds. On both currency pairs we had clear trend in one...

USDJPY Resistance At 114.00 Stopped Bulls so Far

Victorious march of bulls for USDJPY has been going on for 3 weeks. During this period there was no significant correction. In the medium...

Profit Taking Hits Dollar Despite Data

Inflation concern the only negative Last week’s employment report in the U.S. was ultimately very positive for the dollar despite the ludicrously high expectation for...

EURCAD – Resistance Test 1.4950

EURCAD highest since November 2016 In mid-April EURCAD started from support at 1.4090 a rally that continues to this day (as we wrote in this...

NZDUSD Testing 0.6900 Support

Almost two months of consolidation between 0.6900-0.7050 In the first week of March NZDUSD started consolidation 150 pips wide between support at 0.6900 and resistance...

Market Review – EURUSD, USDJPY, AUDUSD, USDCHF

EURUSD After night falls the market rebounded from Friday's lows 1.0859 and support. Subsequent increases overcame local resistance at 1.0882, which is now being re-tested...

OIL – the fourth day of upward movement

During last three sessions the price was rising and today’s session is also under bulls' control. Situation looked completely different at the beginning of...

GBPUSD – the Range of Breakout from the Triangle Formation Achieved

November on the pair GBPUSD  began from breaking out from the triangle formation. While the 1 st of November  breakout might have turned in...

Euro Stoxx 50 Index, DAX30, CAC40 – a Breakthrough on German Index

The current technical situation on these indexes looks extremely interesting and promises us interesting returns in the week just started. Last week ended with a...

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