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Important Announcement from XM

We would like to inform our clients to be cautious of unreliable and uncredited news sources that are quite common in the new age...

Disappointing UK Data. GBP Weakening

At 9:30 AM (GMT) ONS published data about British industrial production and manufacturing production. Markets expected 0.2% industrial production gain (MoM), but it fell...

Analysis For Beginners: EURAUD – Resumption With Resistance at 1.4180

Yesterday EURAUD formed a pin bar formation just below key resistance level at 1.4180. So far, however, there is no downward movement, as indicated by...

Analysis For Beginners : EUR/AUD – Return To Gains After Strong Correction?

On H4 chart of EUR/AUD pair, we observe reflection from the lower edge of the channel. The pattern of lows and highs since the...

Analysis for Beginners: GBPAUD – Return of Bears

In the last analysis of GBPAUD I wrote about potential rebound from resistance at 1.6483. Such reflection actually took place, and on daily chart...

Analysis For Beginners: GBP/CAD – Over a Year in Bearish Trend

In recent days there has been a sudden collapse on Pound pairs. It is also visible on GBP/CAD daily chart as a bearish engulfing...

CADJPY – Testing Key Support Area. Time for Rebound?

The CADJPY pair since beginning of this week is testing a key support area of 82.70, which has been a good performer in the...

Analysis For Beginners: EURNZD – False Break Of Resistance

Yesterday on the daily chart of EURNZD candle with long upper wick formed which is false break of both resistance at 1.5438 and high...

Analysis For Beginners: EUR/AUD – Opportunities for Further Growth?

EUR/AUD pair moves from July last year in a downward channel. Since the end of February a very dynamic reflection from the lower edge...

Analysis For Beginner: EUR/CAD – In a Strong Bullish Trend

The EUR/CAD pair has recently been in a very dynamic growth. From December to March the course was moving in a quite wide consolidation,...

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