Tag: Wedge
GBPAUD – retest of the wedge support – 02/04/2019
Successive ineffective votes in the UK Parliament result in greater volatility in British pound pairs, which on the one hand increases the speculative risk...
AUDUSD -Bearish Momentum Pushes the Pair to the Key Trend Line
AUDUSD dynamically started losing last week and is continuing the declines also on the beginning of this week. As can be seen in the...
USDJPY – Narrow Consolidation after Breakout from Wedge
USDJPY was moving this month in a formation of a wedge, which was inclined towards the dominant movement. Quite often, the slowdown in this...
Analysis for Newbies: AUDUSD Near Confluence of Resistance – 11/04/18
AUDUSD moves in a formation of declining wedge. As you can see on the 4-hour chart below, two weeks ago there was another reflection...
AUDNZD – Rebound from Declining Wedge
In first days of this year price broke out from a descending wedge and now returned to the upper limit of the wedge which...
AUDNZD in Descending Wedge – Lets Go Long
In the first week of the year we await some important macro events that can strongly move currencies related with USD and EUR. Wednesday's...
Analysis For Beginners: AUDCAD Breaks Out From Ascending Wedge
Due to high volatility caused by the presidential elections in the United States on many pairs will be difficult to see today some opportunities...