USD/CHFWe can identify a clear and sharp downtrend for the pair during the last few weeks. The bearish envelope template appeared during the 06-10-2010 and 07-10-2010 sessions suggest a close reversing trend, creating an opportunity for a...
GBP/USD: The pair finally crossed the resistance 1.5896 upwards after 4 days of anemic candles. However the resistance was crossed back downwards a few hours later. AUD/USD: During the last session, the pair crossed a critical weekly...
Highlights GBP/USD On the short term, the pair still doesn’t follow any direction or trend. The resistance 1.5896 seems to be very strong and the currency succeeds only in testing the resistance without breaking it. Those two...
