EUR/USD ; DAILY CHART

Current price – 1.08258   As we can see on the chart above Eu is in Accumulation/Distribution period , it’s going to touch the support line and start gaining position for a new uptrend, first point for eventually resistance is located at 1.10 approximately, if it breaks the line next point we are going to … More EUR/USD ; DAILY CHART

EUR/USD DAILY

Close: 1.09258 Eu close at 50% Fib level on daily chart, where we can find the MA200 doing the job as a resistance which the Eu cross couple of times and rebounded in down movements.Meanwhile as you can see also on the chart the green line which is (DEMA 200) is doing the job as … More EUR/USD DAILY

GBP/USD ; CORECTION WAVE

  S1  1.48671                          R1 1.55840          Current rate –1.4915   –0.0161(-1.07%) GBP/USD is headed lower, then it probably heads lower now (underside of recent support line).” GBP/USD headed lower and begins December at support from a parallel. A bigger rebound is … More GBP/USD ; CORECTION WAVE

USD/JPY ; H4

  Current rate – 123.382             S1 – 121.030                     R1 – 123.382 The USD/JPY breakout has stalled at former support (the line that extends off of the early 2015 lows). The rally from the August low also consists of 2 … More USD/JPY ; H4

AUD/USD ; DAILY

  Current rate – 0.72884                S1 –  0.70673              R1 – 0.73342 The Australian Dollar continues to oscillate in a now-familiar range below the 0.73 figure against its US counterpart after the RBA policy announcement failed to inspire volatility. Taking the longer view, … More AUD/USD ; DAILY