Analysis For Beginners: EUR/JPY – Attack On Previous High
EUR/JPY is approaching level of previous high, which is also the high of bullish trend. Judging from the dynamics that has come after recent strong...
Analysis for Beginners: GBP/JPY – Further Declines Coming?
The weekly chart shows that the decrease we are currently experiencing did not start at random place and were caused by test of clear...
EURAUD – Test of Key Resistance
EURAUD pair is in a bullish trend. Today it reached key resistance near 1.5065, where the high of September 2016 was located.
As you can see...
Analysis For Beginners: GBP/NZD – Time For Declines?
On GBP/NZD daily chart bullish trend seems to fade after reaching resistance just below 1.90. Price has been consolidating for a dozen or so...
EURJPY – Return To Support And Potential Long?
The EURJPY pair on H4 chart is in an uptrend, where at the beginning of the week was a resistance breakout at 124.50. Another...
Analysis For Beginners: EUR/JPY – On New Highs
EUR/JPY is moving in a very dynamic way since mid-April. The weekly chart shows that downward trend has begun to break down as early as...
Analysis For Beginners: Gold in Retreat?
On daily chart of the GOLD two important price action formations have emerged that may indicate a potential reversal. On Tuesday current minima was...
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...
EURNZD – Time For 300-pips Drop?
On H4 chart EUR/NZD pair breaks through the support area at 1.5690. Thus, a new lower low was established and a clear change in...
Analysis For Beginners: NZDJPY – New Bullish Trend
In last analysis of NZDJPY I pointed out a potential change of trend due to the breaking of resistance line drawn from this year's maxima....