Tag: forex
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...
EURCAD – it’s not the end of falls
EURCAD for last 4 months moves in a upward trend. Movement forms trend channel which was break up 3 weeks ago. Last week after...
EURUSD fibo 78,6% stopped the descent
EURUSD rebound from top of the upward channel, additionally 1.1700 level is a resistance chich price were seen in January 2015. Currently EURUSD is...
GBPAUD – easy it’s only break before upward movement
Since March 2013 GBPAUD moves in the upward movement. In early July price broke up resistance and in August was re-test. Since April 2015...
GBPJPY – completed a simple correction and resumption of the main trend
In a longterm on GBPJPY there is an upward trend, and last drop that started in June closer to the end. Length CD last...
USDCHF return movement stopped at the fibo 61,8%
USDCHF moves inside the triangle. It lasts since January, from memorable event when the decision SNB suddenly greatly strengthened Swiss franc. So far, the...