EURGBP – Highest Since July 2013

News from weekend that UK will begin Brexit procedure in half a year influenced pairs connected with GBP. In case of EURGBP it started...

EURCHF – Testing Resistance At 1.0920

On Friday, we saw a real roller-coaster for the EURCHF. Initially, bears were trying to break the support level @1.0830, when it failed bulls...

GBPJPY at weekly low

Current week didn’t start well for bulls on GBPJPY. During the weekend news showed up that German PM is going to start Article 50...

NZDCAD – V pattern at time-frame H4

NZDCAD dynamically rebounded and formed V pattern. This formation isn’t seen very often and it confirms that demand is very strong right now. In...

USDTRY – 2.9840 resistance is broken

Turkish stock dived on Monday more than 4% after Moody’s decision to lower Turkish rating. Lira and bonds are also getting cheaper. Turkey has...

GBPJPY – there will be another test of key support

GBPJPY has been moving toward 129.70 level. This support was tested few times since June 2016 but eventually always caused rebound. If rebound occurs,...

Trying to Catch Highs and Lows is Impossible

There is no trading system that constantly hits highs and lows Trying to catch the highs and lows is a common mistake of novice traders,...

USDCHF – crash through resistance at 0.9705 may be successful

USDCHF fell 140 pips after unsuccessful attempt of breaking out the resistance at 0.9810. This is already more than three weeks when the price hasn’t...

GOLD – rebound from uptrend line

GOLD has rebounded from uptrend line today. That line has been respected since mid-December 2015. However, bulls' condition isn’t very good right now. Because,...

EURAUD – selloff after breakout of the support at 1.4900

EURAUD reached support 1.4900 on Friday. After few hours that level was finally broken and the session finished below such important area. Investors saw...

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