The EURUSD pair was trapped below the previous key-level (1.2000) until bullish breakout occured to the upside recently in December.Further quick bullish advancement was expressed towards 1.2150 just as expected after failing to find sufficient bearish pressure at retesting of the backside of the...
An interesting scenario occurred in USD / JPY yesterday, which confirmed the end of the ongoing correction.
Taking this into account, it would be best to work for an increase in price, following this strategy presented below:
So, since the quotes have formed three wave patterns (ABC), in...
USD/CHF moves sideways trying to accumulate more upside energy, to attract more buyers, after passing beyond the downtrend line. If you remember from my previous analyses of this pair, USD/CHF should resume its upwards movement, growth, if it jumps above 0.8918 former high, static resistance.The...
GBP/JPY peaked at 142.34 before the expected correction into the support-area between 141.06 - 141.29 was seen. GBP/JPY saw a perfect test of the bottom of this support-area and should now be headed higher again to above the minor peak at 142.34 as the underlying uptrend gathers upside momentum....
