January 2017

AUD/USD remain bearish

We remain bearish below major resistance at 0.7580 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) with price recently breaking a long term support-turned-resistance line leading us to expect a strong continued drop from th... [...]

WSE: After start on Wall Street

The market in the US started on 0.28% minus (The S&P500 index) which after the first transaction has been slightly offset. Unfortunately, a weak Chicago PMI reading intensified the process of weakening of the dollar and contributed to the reductio... [...]

Gold analysis for January 31, 2017

Recently, gold has been trading upawrds. As I expected, the price tested the level of $1,207.78. According to the 30M time frame, I found confrmed bullish divergence on a Moving Average Oscilator, which is a sign of potential strength. My advice is to ... [...]

EUR/NZD analysis for January 31, 2017

Recently, EUR/NZD has been trading sideways at the price of 1.4710. According to the 15M time frame, I found hidden bearish divergence on the moving average oscilator and a strong pin bar on the second swing high. My advice is to watch for selling oppo... [...]