AUD/USD candlestick analysis for April 14, 2011

by | April 14, 2011 1:53 pm
The AUD/USD currency pair is rolling back after it could not break the resistance level at 1.0600. As mentioned before, if the support level 1.0400 is broken, long positions should be closed as it will cause a...

EUR/USD candlestick analysis for April 5, 2011

by | April 5, 2011 1:52 pm
EUR/USD pair is rolling back after it failed to test the 1.4278 resistance level. As mentioned before, a break of this level will target the pair to 1.4577. Earlier in the intraday chart EUR/USD shaped a Bullish...

GBP/USD candlestick analysis for March 30, 2011

by | March 30, 2011 1:53 pm
At the moment the GBP/USD is testing the support level near 1.5960.Earlier on a 4-hour graph the GBP/USD has formed a Three Black Crows candlestick combination, which indicates downside movement.

EUR/USD candlestick analysis for March 22, 2011

by | March 22, 2011 2:52 pm
The EUR/USD currency pair is continuing to advance. Earlier on a daily graph the EUR/USD pair formed a Bullish Engulfing candlestick combination, indicating upside movement.

GBP/USD candlestick analysis for March 18, 2011

by | March 18, 2011 2:55 pm
The GBP/USD currency pair failed again to break the support level 1.5980, to rebound up further. Nevertheless, the viewpoint at the pair is still bearish.Earlier on a 4-hour graph the GBP/USD has formed a Dark Cloud Cover...

Ichimoku graphic analysis: AUD/USD

by | March 4, 2011 2:53 pm
H4 The aussie is still moving in the sideways direction – consolidation is in full play on 4-hour graphs. All Indicator lines directed horizontally are showing sideways movement (1, 2, 3, 4), as well as the Chinkou...