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AUDCAD – Between Support and Resistance

AUDCAD since April is moving in consolidation, which lower limit coincides with 50% of the Fibonacci correction from previous increases. Looking at daily chart, we notice...

EURAUD Tests Local Support Zone

EURAUD currency pair has been moving south since beginning of June. As a result of these declines market broke and after re-testing rejected important...

GBPUSD Tests Significant Resistance and 38.2% Fibo

GBPUSD has been moving for a long time in consolidation from which broke down due to Friday's declines. For a short period of time...

GOLD Tests Local Support

GOLD market since second half of December moves north. These increases are significantly less dynamic than previous declines which began in result of last...

EURAUD is Testing Important Support

EURAUD has been moving in a trend and is re-testing vast majority of the previously defeated levels of resistance (later as support). Market has been moving...

GBPUSD – Testing Key Support

As a result of announcement made by UK Prime Minister, Theresa May regarding earlier parliamentary elections we observed dynamic appreciation of sterling pound. This...

AUDCHF – Breaks Important Support

As a result of calm upward correction from September 2015 - AUDCHF reached a very important resistance at 0.7750 converging with downward trend line, where...

EURAUD – Potential Of 370 pips Drop

EURAUD has been moving recently in a trend and is re-testing the vast majority of previously defeated levels of resistance now working as a support. Market...

NZDUSD – Will 0.7050 Stop Growth Again?

According to my last week's projection, due to bullish response market rejected local support at 0.6867 converging precisely at that time with 50% of...

GBPJPY Tests Key Resistance

As a result of declines from August 2015 on GBPJPY, pair falls as low as 125.50, where in October last year there was a...

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