After the long upward trend we see a weakening in the strength of AUDUSD. Over the past week we have seen several attempts to continue the movement, but soon after that, the price was coming back. Today we have a breakthrough of support and we expect that the correction can continue at least to 0.7077. This would allow new buyers to join there and give strength...
One of the few pairs in which the dollar shows that it is still alive is USDCAD. Of course, this is not due to the strength of the USD, but to the fall in oil and the weakness of CAD. With this break of H1 and the support of H4 and D1 we expect that the price fixes the bottom and we will see another rise. The current levels are suitable for entry, and we expect...
After yesterday's press conference, EURUSD briefly passed over 1.18. The return then allows for a price correction before new higher values. We are at the end of the month and the moment is suitable for collecting profits, which will activate other closures and adjust the price. Sales are significantly riskier, but with a good profit-loss ratio. The most...
On days like today, you either don't make trades and wait for things to clear up or you look for quick trades with a small stop. The reason, of course, is the Fed. The direction seems quite clear at the moment, but be careful - there is always a way to surprise us. Since we do not want to be in long-term trades at the moment, this is one of the fastest...
In the last few months, all the positions we are looking for on EURUSD are LONG LONG is also the current position we have. Today EURUSD reaches its previous peak and for many inexperienced and short-term traders this is a sign of sales. The main direction is UP and will stay UP! It will be much easier to be in that direction. You will achieve much better...
After yesterday's strong movement of the GBP, in many places there is a reversal of the trend of small periods. This gives us the opportunity to get involved in these movements early on and look for more potential. But don't forget that they are riskier trades! At GBPCAD we have: -break of the downward trend -higher bottoms -higher peaks -pulse in the...
After GBPUSD made a rise and tested the previous peak yesterday, this led to new higher values at GBPJPY. The price peaked at 135.41. The zone of support for the movement is 134.61-71. Resistance levels: 135.30 135.76 136.32
The downward movement in GBPUSD seems exhausted. The price broke the downward trendline, as well as some of the smaller resistances from the previous peaks. Currently the main resistance is the previous peak of June 24 and the zone 1.2524-1.2539 Currently, the rise is moving with minimal correction and it seems that in will be able to test at least once again...
Yesterday EURUSD sampled the triangle we showed you on July 1st: This confirms our long-term expectations for the development of EURUSD and the USD as a whole. Our position is already developing and we can look for more buy orders and reduce the risk. Today will be important current support 1.1297-1.1303! First levels of resistance: 1.1348 1.1363 1.1378
We have already seen the breakthroughs in AUDUSD and NZDUSD. AUD and NZD are the strongest currencies against the USD. We expect this trend to continue for the time being. In this regard, this is another opportunity to enter and expand NZD profits! Technically, the price has bounced off support and we expect it to reach resistance...
Last week we expected a triangle break at AUDUSD. Today we already have a breakthrough and we expect progress . Tomorrow morning we will see the RBA Interest Rate Decision Resistance levels: 0.7016 0.7101 0.7182 For more information contact us! Good luck!
On Monday we made an analysis of gold and the good upward trend it has. We saw another rise to the very strong resistance of 1784. The collection of profits returned the price back to 1757, but only for an hour. With each price drop, buyers immediately join in and raise it to new heights. For this reason, we believe that it is appropriate to look for...
Today we expect the NFP report to be published. (Extraordinary on Thursday due to July 4) This is Trump's last July 4th before the election, and he needs good data. These are our expectations. Technically we have: - break of the down movement of H1 - higher bottom - higher peak Resistance levels: 25 987 26 172 26 357
On June 25 we expected a serious movement in the currency pair EURCAD! At the moment we think it is a good time to enter a trade based on H1chart! We have a breakthrough in the downward movement. We have an impulse rise. We have higher bottoms and peaks. Resistance levels: 1.5364 1.5420 1.5499 You can also looking for target on the daily chart!
Hello, at the moment on most charts we see the same thing - sideways movement with lower peaks and higher bottoms. This means that soon something will happen and we will see a breakthrough that will give us a clear direction of trades. This can be done today with FOMC Minutes or tomorrow with Nonfarm Payrolls (Jun) or with one Tweet. It is important to have...
We are on an uptrend. After reaching a maximum on June 10, the price forms a sideways movement with very strong support. We expect that this support will endure and we will see a new upward movement. To confirm the situation, it is good to wait for a break of the previous peak. Resistance levels: 0.6632 0.6711 0.6790
Hello, do you remember the analysis on June 26 of EURJPY? Did you buy? If you were already you would be at a profit of nearly 100 pips. Nothing! It's not late! There is still potential for movement. The break of the previous peak confirms the uptrend. This allows those who already have a trade to add, and those who do not have - to enter in. The levels to...
Hello, we are in one of the most important periods of the year - the end of the second quarter. At the same time in the midst of an epidemic, low interest rates and printing money. Moreover, this week we have FOMC Minutes and Nonfarm Payrolls (Jun)! All this means one thing - interesting market movements. What we see in AUDUSD is a triangle. A triangle waiting...