Tag: HotForex
AUDCAD Tests an Important Resistance Zone
Looking at daily chart, we note that the AUDCAD has been moving recently in a fairly broad consolidation in which a smaller box have...
AUDJPY in Area of Significant Resistance
AUDJPY since beginning of June this year is moving north. Recently as a result of these increases market broke resistance at level 85.50. After...
CADCHF – Awaiting a Re-test Of Historical Trend Line
CADCHF has moved south since November 2011. For almost two years, and more precisely from the memorable "Black Thursday," when due to drastic and...
Will Head & Shoulders Pattern Form on AUDUSD?
AUDUSD as a result of ongoing from June 30 declines broke support around 0.7625 level. Since then market is moving in consolidation, its upper limit...
GBPUSD – Bulls Trying To Return Under Resistance 1.3030
Since mid-April, GBPUSD is moving in a consolidation between support at 1.2660 and resistance at 1.3030. Less than two weeks ago, it seemed that...
USDCAD – Broken Level 1.3000 Opened Way To Deeper Declines
On beginning of May this year demand ruled on USDCAD and price reached 15-month high around 1.3740 area, and it may seem that further...
CADJPY- Potential For 170 Pips Drop
Looking at weekly chart, we will notice that as a result of lasting since November last year growth market has fallen below downward trend...
EURUSD – Awaiting a Correction?
EURUSD since second half of May moved in a consolidation as a form of time correction against previous increases. As a result of demand response...
AUDCAD – Potential 400 Pips Drop
AUDCAD has been moving for some time in consolidation oscillating around resistance zone. As a result of yesterday's declines, which began from rejection mentioned zone,...
GOLD Tests Support of Bullish Channel
The GOLD market has moved north since second half of December last year. These increases are significantly less dynamic than previous falls, initiated by...















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