Tag: XM
GBPUSD – Highest since June 2016
GBPUSD, continuing the upward trend, rose today to levels seen recently in 2016, when the price was falling after the Brexit referendum.
Yesterday, however, resistance...
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: EUR/USD – an Interesting Sequence of Candles
An interesting situation can be seen on the EUR / USD recently, during the ongoing correction. Well, the last few moves up are characterized...
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...
GBPCAD – Bearish Pin Bar Finalizing the Correction? – 10/04/18
Over the past week, GBPCAD has broken the accelerated upward trend line running from this year's low. In addition, the quotations were under local...
Analysis for Newbies: AUD/USD – Close to an Interesting Place
We have an interesting layout on AUD/USD pair, especially if you look on high time intervals. The daily chart shows a downward trend that...
Analysis for Newbies: AUDNZD on the Long-term Trend Line
AUDNZD have been falling for the 5 weeks in a row and now is facing the key support on the long-term trend line running...
NZDCAD – Closing of the session Under Confluence of Supports – 06/04/18
NZDCAD on the daily chart closed yesterday under the local area near 0.9286. Earlier, however, the trend line / channel support from May 2017...
Analysis for Newbies: GBPNZD – A MoveTowards Bullish Trend Line 06/04/18
GBPNZD has been falling since reaching high 1.9640 in the second half of March this year. In the long run (at daily intervals), the...
Analysis for Newbies: AUD/CHF – with Space for Growth 05/04/2018
Today at 3:30 GMT+1), we got to know the data on Australia's trade balance, which surprised very positively. Nevertheless, the market reacted with a...