GBP/AUD breaks above bearish trendline

After a test of 1,8310 area GBP/AUD skyrocket on H4 interval and breaks above short-term bearish trendline. What's going to happen next?   Current week starts...

XM offers $20,000 in free Forex contest per month!

Every month XM is offering all its clients the opportunity to participate in 4 forex contests giving out $5,000 every week in cash prizes,...

EUR/USD: Will bears need to step down?

Last couple days were a blood bath on EUR/USD pair and more or less all currency pairs with Euro and Dollar. DAX and other...

EUR/USD: Are traders willing to snuff the yesterday candle?

EUR/USD yesterday moved more than 450 pips up – commentators haled this move one of the longest since last 6 years. However life teaches...

Part-time Trading – EURGBP – October 21st

EURGBP – D1On the daily chart we can spot bullish trend. We can identify higher and higher tops and bottoms, we can differ corrections...

Trading for Beginners – AUDNZD – further decreases on the way

Short position on AUDNZD may be one of the most interesting positions in near future. To understand wider view let’s take a look at...

Trading for Beginners – EURUSD – Demand Getting Stronger

Some time ago we witnessed breakout from long term triangle on EURUSD. According to theory, break above should indicate future sentiment and now it...

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