USDCAD is testing upper limit of the ascending triangle
USDCAD has reached important resistance at 1.3160. That level was tested few times until now. However, every test of that resistance since March 2016...
AUDCAD is reacting on support
AUDCAD had been moving for 1,5 months in uptrend until the investors realized their profits. The correction movement was caused by the proximity of...
SILVER in correction, the buyers are remaining at $18.40
That was a great half of the year for SILVER. On both metals, GOLD and SILVER, we can see clear new uptrend. The real...
GOLD – declines will continue to 1310$, there rebound should occur
GOLD has been moving in uptrend since December 2015 but recently the correction has started. Support was broken at 1340$ level but still local...
USDCAD – movement inside the triangle
For 2.5 months USDCAD has been moving in the triangle pattern. The chart is suggesting that further movement will be in down. However to...
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,...
EURUSD – rising wedge pattern suggest downward movement
The calm has occurred at EURUSD after the period of high volatility. In the last week EURUSD has formed a rising wedge pattern at...
Ichimoku analysis – GBPUSD, USDJPY, AUDUSD – July 13th
The correction at GBPUSD has reached to support Tenkan-sen and 1.3184 (4/8) line. However, the most important is zone 1.3093-1.3061, where is located Kijun-sen,...
GBPUSD – upward movement before BoE meeting
Brexit decision caused shock on the market. However, demand appeared yesterday (it was caused by Thursday's BoE meeting). Due to this, last week's low...
AUDUSD – Break Above Resistance
On the H4 chart of AUDUSD we can see that last two candlesticks were dominated by bulls, appreciation was about 80 pips. 0.7614 resistance...
