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NZDUSD – a time for a correction – 23.07.2020

The pair of the New Zealand dollar with the US dollar (NZDUSD) has recently moved in a strong upward trend. In March, as the stock...

NZD/CAD – a bearish divergence heralds declines – 15.07.2020

The NZDCAD pair - representing the exchange rate of the New Zealand currency to the Canadian dollar - set last Friday at 0.8950 maximum...

EURNZD – a descending wedge on support – 13.07.2020

Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

GBPUSD – broken neck line of an iH&S – 02.07.2020

On the pair of the British pound with the American dollar (GBPUSD), popularly known as the "cable", the point of confluence of the two...

GBPJPY – confluence of support – 30.06.2020

I was analyzing the pair of GBPJPY at the beginning of this month, (June 8th), when an inside bar formation appeared at an important...

GBPUSD – cable under pressure, Head and Shoulders indicates further declines – 21.06.2020

GBPUSD - the cable after a series of violent falls in the first half of March this year and setting the all-time low at...

GBPJPY – two inside bars at important level – 08.06.2020

The GBPJPY pair has been moving in an upward trend for the last three weeks. On the daily chart, an Inside Bar formation is...

AUD/JPY – towards the support of the ascending wedge – 27.05.2020

The AUD/JPY pair has been moving in an upward, downward trend since early April. The quotations are in an easily recognizable formation - ascending wedge. Today,...

EURUSD – two months in consolidation – 20.05.2020

EURUSD has been moving into a 220p consolidation range for nearly 2 months. Today the price has reached the upper limit of this consolidation which...

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