GBPUSD – Waiting For Break Out From Flag Formation
Movement between broken triangular and resistance
GBPUSD broke the upper limit of the triangle in past week in which was moving from October 2016. Later...
GBPUSD Returns To the Starting Point After the Data
Production data
On Friday, the markets got to know the data from the UK economy. Data for December proved to be significantly better than expected,...
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...
OECD calls for Brexit Rethink
Brexit reversal would boost economy
The Organization for Economic Cooperation and Development (OECD) is one of the most influential bodies in global economics. However, its...
Euro Consolidation Begins
Dollar makes ground despite mixed employment report
Fridays data in the U.S. proved a long-held theory that that is no such thing as a “normal”...
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...
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...
Harmonic Trading – Bearish ABCD on AUDUSD
Trading based on harmonic formations largely depends on the proper measurement of the Fibonacci retracement in relation to individual price movements.
A description of all...
From Investor to Scalper – How will FOMC affect EURUSD?
From Investor to Scalper is a cycle of analysis in which we take one financial instrument and the analysis includes a detailed look at...
ECB Meeting to Provide Direction, if not Clarity
Central Bankers; Better lucky than good
During the 1990’s the Chairman of the Federal Reserve was Alan Greenspan someone who has become legendary in the...
