GBPUSD fell after BoE decision

Yesterday Bank Of England was very dovish and it fulfilled all market’s needs. BoE cut interest rates for the first time since 2009 and...

AUDNZD – V pattern predicts further upward movement

AUDNZD crashed support on 1.0630 level at the end of July. After that, the price fell almost 200 pips in very short time. Subsequently...

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...

Independent Thinkers Only!

Trading for an experienced investors can be very enjoyable and extremely profitable. Unfortunately it isn’t always easy for a rookie. Many traps are waiting for...

EURUSD – trouble will occur 100 pips above

Demand on EURUSD had very successful the last five sessions. The resistance at 1.1180 was finally broken today and the price is at the...

GBPCAD – more than two weeks movement in the upward channel

GBPCAD started new downtrend in January 2016. The second wave of declines occurred on June 24th when the British decided to leave the EU....

EURAUD – upward movement should be continued

EURAUD has been moving up since mid-July. The rebound occurred at 1.4480 area and it was another reaction of the price in this area. Currently...

EURUSD – dynamically moved up after FOMC

There wasn’t any surprises after FOMC meeting. The rates are still on the same level but possibility that they will be hiked on September’s...

NZDJPY – another test of 73.20 level is likely

NZDJPY got stuck between upper limit of bearish regression channel (blue line on the chart) and strong support at 73.20 level (red line on...

USDJPY rebound from downtrend line

USDJPY first tested downtrend line and subsequent it rebounded from this line. As we can see on the chart the bulls lost their hopes...

GOOD TO KNOW!

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