Analysis for Newbies – USDCHF – Most Likely 50 pips Movement

USD/CHF on daily chart points to pressure of demand, once again pushing pair towards a well-respected resistance at 0.9770. This is a level based...

Analysis for Newbies: NZD/JPY – Towards Key Resistance

NZD/JPY is moving very technically. On September 11th we saw a strong rebound from the well-established and often respected upward trend line. Since then the...

Analysis for Newbies: AUDUSD – Time to Break the Trend Line?

AUDUSD is moving in a bullish trend, which is confirmed by presence above the trend line drawn from the June 2009 low. At the...

XM Introduces Bitcoin / US Dollar (BTCUSD) for Trading

We are glad to inform our clients that as of now XM is offering a new trading instrument for its MT5 platform: Bitcoin /...

Analysis for Newbies: GBP/JPY – On the Way to Resistance

On the daily chart GBP/JPY continues a strong upward movement lasting since the beginning of August. As you can see on the chart, pair...

Price Action Setups – EURCAD, GBPJPY, GBPUSD – September 13th, 2017

Next day without an open position, but the GBP/USD closed on Take Profit with almost 30% profit. Very good position, we just have to look for...

Analysis for Newbies: CAD/JPY – Over Important Resistance on W1

Yesterday afternoon there were strong upswings that broke the previous high on CAD/JPY. Vicinity of 89.75 should now serve as a support in case...

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,...

Analysis for Newbies: AUD/NZD – Probability of Continuation of Growth

The weekly AUD/NZD chart shows a dynamic breakout from the bearish channel. The pair has been growing for several weeks and it seems that...

Analysis for Newbies: CADJPY – Returns to Wedge Formation

CADJPY on H4 chart closed yesterday under the wedge resistance (upper limit). Earlier this level was broken and the quotes set a new high...

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