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USDJPY – Test of the Upper Limit of the Growth Channel

Extremely interesting situation is currently on USDJPY. On the one hand resistance has been broken at the level of 104.00 and is on the...

Wednesday Market Review – EURUSD, USDJPY, AUDUSD

EURUSD Today's gains overcame local resistance and breaking the top of the consolidation defeated the line of the previous downward trend. We can see a...

The Afternoon Market Overview – will ECB extend QE?

Bears trading on EURUSD for the time being defended level 1.0950, showing once again how well the level of July lows acts as resistance....

Trading for Beginners: USDCHF Chance for Strong Breakout

USDCHF moved lately in an extremely dynamic way. On the daily chart you can see how during this month, the price rapidly approached the...

CADJPY – Support Resulted in Dynamic Gain

The correction that started last week on CADJPY ended yesterday. Increases were caused by support in the area of 77.70 - 77.80, which failed...

Analysis after USA – USDCAD, EURNZD, GBPCAD

Welcome to the night trip :) The USDCAD - we have a bearish formation. Here it could mean declines to re-test the long-term uptrend line,...

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