On Wednesday, a handful of fundamental data was released from the respective offices in the United Kingdom, including the average earnings index (3m/y) and official national unemployment rate. Both of… more
The AUD/JPY has sharply declined since the pair broke below the important support level around 94.00. On June 28, the AUD/JPY price opened with a huge weekend gap, but soon… more
Since forming a large bullish outside bar (BUOB) on June 7, the GBP/CHF has moved upwards. It also formed an upward sloping trend line in the process. On July 8,… more
As the AUD/USD price broke below the psychological support level around 0.7575 on July 3, the pair finally started trending downwards after remaining in a range between 0.7575 and 0.8150… more
The last Friday, the EUR/AUD formed a massive bullish daily bar as the price climbed as much as 270 pips during the day. The bullish move was inspired by the… more
Since the formation of a bullish pin bar on April 13, the GBP/USD has been trending upwards. On May 22, the GBP/USD price penetrated and closed below the sharp uptrend… more
The AUD/USD has been on a long-term downtrend since early July 2014. At the end of first quarter of 2015, the pair started to retrace and price broke above the… more
The USD/CHF broke above the downtrend line on May 25. However, a lack of strong bullish momentum kept the price range bound within a price range around 0.9150 and 0.9540… more
The GBP/AUD has been trending upwards since the formation of a pin bar on May 7. Over the last two months, the pair has climbed more than 1,500 pips and… more
Earlier today, the official Greek referendum results came out with an overwhelming majority towards the NO vote, which means that the majority of the voters in Greece selected to reject… more
