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Price Action Daily Setups AUDNZD, EURAUD, EURCAD, NZDJPY, USDJPY October 16, 2016

Analysis Marcin Wenus -
Hello after a break caused by the long-awaited holidays. We can say that little has happened actually on the markets. Decline of pound in...

AUDUSD breaks another support

Analysis Adam Rak -
After breaking upward trend line, AUDUSD rate stopped near the support 0.7840, however the next day brought a break below. Yesterday’s session tested the former...

Trading for begginers – USDCHF doji forms fake breakout

Analysis Adam Rak -
US dollar to Swiss franc currency pair trend still remains downward and this week brought another test of the support at 0.95, where doji...

USD/CHF gets through support zone

Analysis Adam Rak -
Since March USD/CHF can't create longer directional move. It tested once support zone marked orange and yesterday we've seen another test of this area....

USD/CAD on last July levels

Analysis Adam Rak -
USD/CAD nose-diving lower and lower which brings currency pair to levels which had been last seen in July 2015. Pair is currently at support...

Trading for beginners: EUR/JPY

Analysis Adam Rak -
EUR/JPY broke the resistance level at 125.20 on daily interval creating a tall, white bullish candle. Broken resistance creates a trustable support which was...

Trading for begginers: AUD/CAD is testing the trendline

Analysis Adam Rak -
Triangle formation on AUD/CAD is still in game which led to another test of bottom trendline on the pair. Current week starts with bearish...

GBP/AUD breaks above bearish trendline

Analysis Adam Rak -
After a test of 1,8310 area GBP/AUD skyrocket on H4 interval and breaks above short-term bearish trendline. What's going to happen next?   Current week starts...

XM offers $20,000 in free Forex contest per month!

Brokers Damian Chmiel -
Every month XM is offering all its clients the opportunity to participate in 4 forex contests giving out $5,000 every week in cash prizes,...

EUR/USD: Are traders willing to snuff the yesterday candle?

Analysis Damian Chmiel -
EUR/USD yesterday moved more than 450 pips up – commentators haled this move one of the longest since last 6 years. However life teaches...
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