Tag: forex
EURAUD with Monday candle continues dynamic upward movement.
At the daily interval you can see breakout of the upward channel, in which EURAUD moves from April 2015. After breakout, there was a...
EURGBP breached out of the channel top and broke resistance on 0.7310
Last week the bulls on EURGBP first defeated the level 0.7165 and next 0.7220 to end the week at 0.7225. Today, with great momentum...
EURUSD broke another resistance, the current target is 1.1450
Yesterday's strong candle broke resistance on 1.1220 and EURUSD continues upward movement. If at current levels EURUSD start to fall level 1.1220 will become...
AUDCAD – double bottom pattern, but support is still under pressure
Interval hourly.
Level 0.9545 stopped the descent two times in last few days creating double bottom pattern. At the same time 120 pips higher the...
USDCHF – bottom exit from consolidation and breached out support
For a week USDCHF was moving in consolidation and created a channel with the width of 75 pips Yesterday, the bears were able to breach...
USDJPY – break out down of consolidation
Yesterday USDJPY broke of consolidation. In which price remained for a week. Move down was stopped on suport level at 123.68. Attempt of greater...
AUDUSD – support on 0.7320 stop move down
AUDUSD moves in a narrow range of about 80 pips for a week . During today's morning it tested the support level at 0.7320...
USDCAD ends correction and now it’s time for a new peak.
USDCAD (US Dollar vs. Canadian Dollar) is at levels which were seen in 2004. Traders are biding higher levels what asures that the current...
What to expect of this week’s macro data – Central Banks, PMIs and NFP.
There are monetary policy meetings in several important central banks this week, but also we are heading toward very important macroeconomic releases.
On Tuesday, Reserve...