Tag: forex
GBPJPY – correction that lasted three months may be near the end
GBPJPY is moving in an upward trend since 2012. Last three months was a correction descent and the inability to reach a new high....
EURCHF false-break from upward channel
Yesterday EURCHF has reached its highest level since 16 January. Bulls failed to stay over the resistance at 1.0960. There has been a rebound...
GBPCAD waiting for test of fibo 50%
GBPCAD moves in an upward trend since 2013. Last two weeks were correction declines. Declines are very flat and even failed to reach fibo 50%...
EURUSD prepare for long movement
EURUSD after a false breakout above the triangle on August 24 returned to its range. Currently, the volatility is very small which normally ends...
AUDJPY it’s time for a rebound
In July and August AUDJPY moved in consolidation between the levels of 89.15 - 92.65. Break below pointed minimum of 24 August triggered a...
EURAUD – breakout from the consolidation that lasted for three years
EURAUD on hourly interval approached to the resistance level at 1.6150. After his breakthrough nearest target will be 1.6585 which is a maximum of...
NZDUSD – support is broken, target of falls 0.5900
NZDUSD for nearly two weeks is moving in a downward channel. Today there was an attempt to leave top of the channel but ended...
EURGBP breakout from the consolidation will indicate the direction.
For more than a week EURGBP moves in consolidate between 0.7394 and 0.7260. Yesterday at the press conference ECB President Mario Draghi euro depreciated...
AUDCAD – breached two years support
After fourth test of support on level 0.9400 bears reached its purpose and support was breached. The price was so low last time in...
USDJPY – important resistance began a correction?
High volatility in USDJPY took place on 20-24 August where was a drop from 124.00 to 116.13. Currently it settled down and price for...
