Analysis for Newbies: EURNZD – Reflection from Trend Line and Negation of Bearish Formation

At the beginning of this week I wrote about the reversal formation on the weekly chart which appeared on the resistance on the EURNZD. This...

Analysis for Newbies: GBP/AUD – a Lot of Space to Drop

Daily chart of GBP/AUD indicates significant problems to hold the support level at 1.6775. Strong declines in the morning broke this support. It seems...

Analysis for Newbies: USD/CHF – a Chance to Change the Trend

Daily USD/CHF chart indicates possible weakness of the downward trend. Price has fallen almost uninterrupted since the beginning of the year, for 9 months....

Analysis for Newbies: USDCHF – Continuation of Declines After Breaking 0.9710?

I recently mentioned the currency pair USDCHF on Tuesday. Then it was about the pin bar that formed on the daily chart, and also...

XM to Participate at World of Trading in Frankfurt

On 17th and 18th November 2017, XM will be attending one of the largest money and investment exhibitions of Germany, World of Trading, organized...

EURGBP – Potential Return to Declines after Breaking 0.8905

EURGBP since establishing 0.8745 low has consistently climbed up and thus reached the supply zone between 0.8984 and 0.9025. Upon reaching the quotation zone,...

Analysis for Newbies: CAD/JPY – Reaction at Trend Line and Important Support

CAD/JPY notations especially on daily intervals, are quite readable. Swing is usually very smooth, and the trend since the beginning of June is definitely...

Analysis for Newbies: EUR/JPY – Reflection from 4 Month Trend Line

Interestingly and technically clear looks situation on the EUR/JPY daily chart. From mid-April the price is clearly rising. During the last few sessions, however,...

USD/JPY – Ongoing Consolidation Shows Weakness of Sellers?

USD/JPY is moving recently in consolidation. It was preceded by a growth movement with considerable dynamics, so it is possible to treat current stagnation...

Analysis for Newbies: AUDCHF – Breaks and Tests the Trend Line

AUDCHF is moving between support at 0.7130 and resistance at 0.7790. In addition to these, intermediate levels close to 0.7470 and 0.7270 are also...

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