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For the last two weeks the EUR/USD pair has been developing 3 wave (coloured blue) of the bigger wave (3) (coloured green). Yesterday the EUR/USD pair was trading in a downward movement...
Yesterday the USD/CAD pair was trading in a upward movement. During the early European session we could observe descending move toward the 0.9992 level...
In the beginning of the month,the GBP/USD pair has broken the lower limit of its bullish channel. Since then it has been downtrending within the depicted bearish channel...
On May 16 the USD/CHF pair continues the ascending movement and elaboration of Golden Cross; Stochastic and MACD point at further growth of the price...
The GBP/JPY pair is developing a corrective wave B of the medium term downtrend from 127.76 (light green in the chart) comprising three subwaves (red in the chart)...
The AUD/USD pair is developing an impulse wave A (light green in the chart) of the medium term downtrend comprising five subwaves (magenta in the chart) and an impulse subwave 5 ...
As depicted above, yesterday a hanging man pattern was formed. Keeping this is mind, we can suggest that the single currency may retrace down 1.4950/1.5000...
Please consider support 3 (79.96) and resistance 3 (80.79) levels. In general, when a level has been reached, the USD/JPY pair will rebound from the previous minimum ...
This morning during the American session, the euro fell sharply around the second weekly support area mainly due to the problems in Greece as the political parties fail to agree on a coalition government...
