AUD/USD held the 0.7500-0.7510 key resistance yesterday. It has triggered aggressive sales. I plan to open deals in the current trend direction. I’ll sell AUD/USD, if the price fixes below the 0.7445 local support. The goal for taking profit is ...

Short'n'longs

The meeting of the Bank of Canada will be held today. The regulator will make a decision about the further monetary policy. The latest statistics from Canada was ambiguous. Experts believe that the Central Bank will keep the interest rate at the ...

Short'n'longs

Aggressive purchases are observed on NZD/USD. The New Zealand dollar has risen by more than 100 points over the few past trading sessions. The currency has reached the 0.7035 key resistance level. The technical pattern is ambiguous now. I don’t ...

Short'n'longs

GBP/USD has kept the resistance level at 1.3040. The technical pattern indicates a possible correction. The pound is under pressure now because of the terrorist attack in the UK. The currency is trading near the 1.2970 support level. I’ll open short ...

Short'n'longs

The Canadian dollar is trading near the 1.3500 round level at the moment. The technical patter indicates the further fall of the USD/CAD quotes. The MACD says about the seller’s strength. I’ll sell the pair, if the price fixes below the 1.3500 ...

Short'n'longs

The American currency is still under pressure due to the political risks in the US. A bullish sentiment prevails on EUR/USD. The euro has overcome the 1.1210 local support level. I plan to open deals in the current trend direction and will buy the ...

Short'n'longs

The technical pattern on NZD/USD indicates the current trend continuation. I’ll open short positions, if the price overcomes the 0.6880 local support level and I’ll use a trailing stop for this position. Potential movement – to 0.6860-0.6825

Short'n'longs

A correction was observed on EUR/USD yesterday. The technical pattern is ambiguous for me now. We don’t expect the publication of important economic reports from the US and the EU today. For myself, I have identified the following key levels: ...

Short'n'longs

A bearish sentiment prevails on USD/JPY since the beginning of this week. The demand for the yen is also supported by the positive data on Japan's GDP. At the same time, the current technical pattern is ambiguous. I don’t exclude a technical ...

Short'n'longs

There is an increase in the demand for the Australian dollar at the moment. This happens due to the publication of a positive report on the labor market in Australia. I’m going to open long positions today. I’ll buy AUD/USD, if the price fixes above ...

Short'n'longs

The report on the labor market in Britain will be released today at 9:30. I expect positive statistics, since the latest data on the activity indices was quite optimistic. I’ll buy GBP/USD, if the price fixes above the 1.2940 local resistance. The ...

Short'n'longs

The American currency is under pressure. The latest statistics from the US was very weak. I expect correction of USD/JPY. I plan to sell it, if the price fixes below the 112.20 local support. Target movement - to 111.50. I’ll use a trailing stop for ...

Short'n'longs

USD/CHF is trading in flat during the last trading session after a significant increase since the beginning of the current week (it has grown by more than 200 points). The technical pattern is ambiguous. I’ve identified the following key levels: ...

Short'n'longs

Sales dominate on GBP/USD at the moment. I plan to open deals in the current trend direction. I’ll sell, if the price fixes below the 1.2880 local resistance level. The goal for taking profit if 1.2850.

Short'n'longs

The New Zealand dollar fell today due to the RBNZ decision. The NZD/USD pair is dominated by bearish sentiments. I plan to open deals in the current trend direction. I’ll sell it after the retest of the local offer zone (0.6880-0.6900). The goal for ...

Short'n'longs

The news background on the GBP/USD pair is very saturated today. At 11:00 (GMT), there will be a meeting of the Bank of England during which a decision regarding further monetary policy will be made. I plan to wait for the conclusions on the ...

Short'n'longs

The technical picture on USD/JPY is ambiguous for me now. The demand for the US dollar is supported by a strong report on the US labor market and an increase of the expectations of an interest rate growth in June. At the same time, I don’t exclude a ...

Short'n'longs

My yesterday expectations for the euro were justified. I expect the correction continuation on EUR/USD. A reversal Price Action pattern, Bearish Engulfing, was formed on the daily chart near the 1.1000 round level. This level acts as a rather strong ...

Short'n'longs

The New Zealand dollar is under pressure due to the weak data on retail sales in Australia. NZD/USD and AUD/USD pairs are correlated rather closely. I’ll sell the NZD/USD pair, if the price fixes below the 0.6880 support level. A confirmation signal ...

Short'n'longs

The euro reacted weakly to the Macron’s victory. Bearish sentiments dominate on EUR/USD at the moment. The demand for the US dollar is supported by an optimistic report on the labor market in the US. The currency has overcome the 1.0920 local ...

Short'n'longs