Weak Data From The British Economy. Without Much Impact On The GBP Flash Crash

About 10:30 we got to know a number of data from the British economy. They included industrial production, the production of goods in factories...

Oil – Strong Decrease After Inventory Data

Price of WTI oil futures declined strongly after data considering US inventory of this commodity. Close of yesterday’s session happened below key support area...

EURAUD – breakout from long term channel 07.11.2019

Since November last year, EURAUD has been on an upward trend in the form of a growth channel. After setting the maximum...

GBPUSD – Highest since June 2016

GBPUSD, continuing the upward trend, rose today to levels seen recently in 2016, when the price was falling after the Brexit referendum. Yesterday, however, resistance...

Analysis for Newbies: CADJPY Breaks Out from the Inside Bar

CADJPY broke last month the accelerated uptrend line extended from June this year. Since then, the price have drawn the highs and lows on...

GBP/AUD – in the direction of the lower edge of the growth channel –...

We have an interesting technical situation on GBP/AUD. The daily chart shows that the correction from last week has only led to a slight...

AUD/USD – outside bar on resistance indicates corrective movement – 17.07.2019

The quotations of the Australian dollar to greenback strengthened from 10 July until yesterday's session, when the sellers entered the market. The supply appeared...

CADJPY – End of Bearish Correction?

Looking on daily chart of CADJPY we can distinguish a strong growth impulse, which began after presidential election in United States. After reaching a...

EURGBP – all against GBP – 04.07.2019

The situation on the daily chart of the EUR/GBP pair starts to look interesting. The last two days have led to a strong rebound...

GBP/USD – in Bullish Correction 14/02/2018

GBP/USD on the H4 chart indicate a continuing downward trend. Currently, after quite a long period of slow and low dynamic, the price reaches...

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