Analysis for Beginners: In Search for Opportunities for Buying GBPNZD

H4 chart presents an interesting situation on pair GBPNZD. Firstly, this pair is currently in an uptrend, and the second we have an on-going...

How Far Can USDJPY Fall?

USDJPY since half of March moves in a consolidation. Due to growth lasting from June 15th market reached resistance (upper limit) of the box...

NZD/USD – correction gives opportunity to take a short position? – 29/04/2019

The NZD/USD currency pair has recently overcome a significant zone of support confluence. The quotations marked a new low, and now the correction has...

USDCAD is Testing Support On the Fibo 50% Level

USDCAD in the past month has set a high near 1.2910, which was re-tested at the beginning of November. The buyers did not have...

AUDNZD Returns to the Triangle Giving Potential for Declines?

The weekly chart shows a strong break from the more than two-year-old triangle formation that took place in October. One week after this break-up,...

Trading For Beginners: GBPJPY – In The Direction Of Lows From 2011

Last shocking events on pairs with a pound highly distorted picture of the technical charts. However, let's try to look at the pair GBPJPY...

Analysis For Beginners: GBP/USD – Consolidation In Interesting Place

On H4 chart you can see that the popular cable is moving in a consolidation. Narrowing quotations draw a form of a triangle, in...

Analysis for Newbies: GBPCHF – Awaiting Closure Below 1.2950

GBPCHF on the H4 chart recently set a high near 1.3195. Since then the bears have been controlling the pair's quotes. So far, they have...

The Canadian dollar is weakening to greenback. USD/CAD at its 2-month high – 07/03/2019

The Canadian dollar loses significantly this month to USD. USD/CAD quotations were at the highest level in two months yesterday. As you can see in...

SILVER – Continuation of declines and new minima at 14.32 – 16/08/18

SILVER prices in the second half of last month after the barrier test at 15.60 were consolidated in a narrow range, where the EMA...

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