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Analysis for Beginners: AUDUSD again in a Downward Channel

AUDUSD currency pair since the beginning of the year moved north. However, for a long time oscillated around 0.7770 level coinciding with the 70.7%...

Analysis for Beginners: GBP/USD at 2-weeks Trend Line

From about 2 weeks pair GBP/USD is rising strongly, making up part of the earlier losses. The selected period is dominated by white candles...

Price Action Setups EURUSD, NZDJPY November 7, 2016

Markets enter into confusion associated with the elections in the US, Tuesday and the night after can be really exciting. I'm going to track to...

Analysis for Beginners: Reverse Head & Shoulders at GBPAUD

As you can see in the 4 hour chart below , the currency pair GBPAUD was in a downward trend. For nearly a month...

Analysis for Beginners: EUR/USD at an Important Resistance

EUR/USD has had a period of dynamic growth but in broader view it remains bearish. At the H4 chart we can see that the...

EURAUD – End of Bullish Correction?

As shows the daily chart of pair EURAUD it remains in a downward trend, where established are getting lower peaks and lows. In the...

Trading for Beginners: AUDNZD – a Potential Drop to 1.0474

AUDNZD pair moved in a consolidation between resistance around 1.0754 and support at 1.0580. However currently there was a break of support and the...

NZDCAD – Lows and Highs on H4 and M30

On the H4 chart we can see lower high – lower low sequence. Additionally price is under 20-period SMA again what indicates weakening of...

Analysis for Beginners: GBPCHF – Breakout From the Right-angled Triangle

The currency pair GBPCHF on the H4 chart later yesterday moved in the formation of a right triangle. Breakout from the formation occured thru...

Trading For Beginners – USDJPY on the Way to New Highs?

USDJPY going back above 104.00 again gives hope to bulls about breaking local highs and moving even higher. Is it possible? Key area for further...

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