Analysis for beginners: AUD / CHF – in a 2-year growth channel 05/06/18
AUDCHF - an interesting technical picture on weekly chart. Price for over 2 years relatively respect the edges of the growth channel. Since the...
Analysis for Newbies: USDJPY returns to the Confluence of Supports
The USDJPY exchange rate in the second week of July has risen above the key trend line running from 2015 highs. It was then...
Analysis For Beginners: Gold – Ahead Of a Chance To Rebound?
On daily chart of Gold we can see that the metal in more broad lookout moves in potential growth channel. Potential, because the upper edge...
AUDCAD – Breaking Upper Limit of the Triangle
Movement inside the triangle, which lasted more than 2 weeks has just finished. Bulls managed to push AUDCAD sharply (well visible at H1 interval)...
AUDCAD – Bullish Channel
After strong decreases on AUDUSD there is a correction in form of bullish channel, currently price is close to its upper band. If resistance...
EUR/NZD – since the end of March in an upward trend – 09/05/2019
The technical situation on the daily chart of the EUR/NZD pair suggests possible further price increases. It is worth recalling that yesterday the Central...
GBPUSD -Death Cross on daily chart – 08.04.2020
The most frequently used indicators of technical analysis include moving averages. There are several types to choose from, depending on the calculation...
Analysis for Newbies: AUD/CAD – Higher Low is Created?
An interesting situation is visible recently on the pair AUD/CAD. The daily chart shows that after breaking out from a long-lasting wedge, the price...
GBPUSD – continuation of declines, no deal Brexit possible… 18.05.2020
Quite often recently I've been analysing the British pound in relation to the American dollar, which is a pair of GBPUSD. This is due...
Analysis for Newbies: AUDUSD – Correction or Further Increases?
On the daily AUDUSD chart last Friday a bearish pin bar was created, which may indicate a potential correction of recent gains. In addition,...