Overview:Euro has been demonstrating uncertain holiday movement, thus it is recommended to refrain from trading. The sell signal has been cancelled, instead a new buy signal with target level 1.3397 has been formed. The formed signal already...
On a 4-hour graph the USD/CHF is descending again after it failed to break through the support level near 0.9645-0.9669. The viewpoint on the currency pair is still bearish. As mentioned before, the breakout of the support...
On a 4-hour graph the GBP/USD has bounced off of 1.5355. Nevertheless, the viewpoint on this pair is still bearish as the downtrend still remains. Earlier the pair dropped sharply after it failed to break out the...
On a 4-hour graph the USD/CAD is making a rebound after it failed to break the support level 1.0212. Earlier the USD/CAD rebounded from the support level of 1.0000, which is also a bottom of a wide...
The EUR/GBP currency pair closed up last week. Nevertheless, the EUR/GBP reduced slightly after that it did not break through the resistance level around 0.8535.
On a 4-hour chart the GBP/JPY is rolling back after it breached the resistance level of 132.17. Nonetheless, the viewpoint on the currency pair is bullish, since the breakout of this level will target the currency pair...
On a 4-hour graph the USD/CAD slipped to the mark of 1.0000, and then made a rebound. Recently, the interest to buy deals near 1.0000 is observed, which more or less, is the bottom of wide trade...
AUD/USD has developed waves A-B (0.9539-0.9967-0.9755) of medium term uptrend – colored red in the chart – and is not developing wave C. This wave consists of subwaves A-B-C with subwave C still developing – colored red...
Last week the growth of the AUD/USD currency pair was limited by the resistance level of 0.9965.Earlier on a daily chart the AUD/USD has formed the combination of candlesticks Bullish Engulfing, which indicates the upside movement, confirmed...
GBP/JPY is now developing corrective wave 4 of the medium term uptrend – colored red in the chart. The targets of wave 4 are Fibonacci retracements of 129.43-132.99, 129.51-132.99 and expansions off 132.99-132.38-132.90.
