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Analysis for Newbies: NZD/JPY – In an Interesting Position

The daily chart of the NZD/JPY has a symmetrical shape. In the end of October pair broke a strong upward trend line. Current growth...

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...

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...

Analysis for Newbies: GBP/CAD – One Step Away from Breakout

GBP/CAD daily chart shows a very dynamic bullish trend that formed after a third rebound from lasting near a year support at 1.58. The...

Analysis for Newbies: GBP/NZD – Close to Previous High?

GBP/NZD on daily chart indicates a potential return to the upward trend after a short-term correction. On September 21st, a local low was set...

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...

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...

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: AUDNZD – Strong Breakout

During the Asian session AUDNZD began to create a strong growth impulse. It led to overcoming the upper consolidation limitation - the line running from...

Analysis for Newbies: EUR/JPY – Opportunity to Complete Correction?

On daily chart of EUR/JPY we observe a strong upward trend since mid-April. Currently a correction is in progress that violates with lower shadow...

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