Analysis for Newbies: AUD/USD – Close to an Interesting Place
We have an interesting layout on AUD/USD pair, especially if you look on high time intervals. The daily chart shows a downward trend that...
Analysis for Newbies: AUDNZD on the Long-term Trend Line
AUDNZD have been falling for the 5 weeks in a row and now is facing the key support on the long-term trend line running...
NZDCAD – Closing of the session Under Confluence of Supports – 06/04/18
NZDCAD on the daily chart closed yesterday under the local area near 0.9286. Earlier, however, the trend line / channel support from May 2017...
Analysis for Newbies: GBPNZD – A MoveTowards Bullish Trend Line 06/04/18
GBPNZD has been falling since reaching high 1.9640 in the second half of March this year. In the long run (at daily intervals), the...
Analysis for Newbies: AUD/CHF – with Space for Growth 05/04/2018
Today at 3:30 GMT+1), we got to know the data on Australia's trade balance, which surprised very positively. Nevertheless, the market reacted with a...
Analysis for Newbies – NZDUSD Testing Bearish Trend Line -04/04/2018
NZDUSD has been trading almost since the beginning of the year in the area between key resistance at 0.7435 and support at 0.7175. In...
GBPCAD – Time for a Deeper Reflection from the Channel Resistance?
GBPCAD last month have reached the potential resistance of the bullish channel. This level is a line parallel to the lower limit of this...
Analysis for Newbies: AUD/NZD – a Series of Supply Pin Bars
During the Easter period the AUD/NZD on daily intervals looked interestingly. Starting from March 29, each day ends with a longer upper shadow. Currently...
Analyses for Newbies: EURNZD Supply Reaction on Resistance 30/03
EURNZD reached last week the key resistance area around 1.7095. As can be seen in the daily chart below, before yesterday's session many previous...
Analysis for Newbies: Silver – a Rerun from Last Year?
The daily chart of SILVER indicates its quite technical character and similarities to the situation from last year. After the declines from January 25,...