There are aggressive purchases on USD/CAD today. The price is testing the 1.2400 round level. I expect the further growth of the quotes. I’ll open long positions, if the price fixes above 1.2400. The pair may move to 1.2450.

Short'n'longs

The Fed chairman supported the US dollar yesterday. Janet Yellen said that a gradual increase of the interest rate would be appropriate, despite the low inflation level in the country. The demand for USD has grown significantly. The probability of ...

Short'n'longs

USD/CAD is dominated by purchases now. The demand for the US dollar remains at a fairly high level. Some Fed representatives said that the US economy is stable. The central bank may consider another increase of the interest rate this year. The ...

Short'n'longs

Geopolitical risks on the Korean peninsula worsened again. It caused an increase in the demand for safe assets. The bearish sentiment prevailed on USD/JPY yesterday. The pair is consolidating in the 111.50-111.75 range at the moment. I expect the ...

Short'n'longs

Aggressive sales are observed on EUR/USD. Angela Merkel was re-elected for a fourth term. At the same time, the German Chancellor's party suffered significant losses in comparison with the past results. The price is testing the 1.1870 support level. ...

Short'n'longs

The bullish sentiment prevails on AUD/USD since the end of the last week. It is consolidating in a rather narrow range now. I expect the further drop of the AUD/USD quotes. If the price fixes below the 0.7950 local support, I’ll sell the pair. The ...

Short'n'longs

Aggressive sales were observed on the AUD/USD pair yesterday. The chairman of the RBA said that the Central Bank won’t rush to raise the interest rate. I don’t exclude a technical correction in the near future. I’ll buy the pair, if the price fixes ...

Short'n'longs

GBP/USD has grown by more than 400 points during the last week. Usually, there is a technical correction after such strong movements. The demand for the US dollar remains at a fairly high level. GBP/USD is consolidating now. I plan to sell the pair, ...

Short'n'longs

Yesterday, the Fed kept the key interest rate range at the previous level of 1.00-1.25%, as it was expected. This October, the regulator plans to cut assets on its balance sheet. The central bank also published some optimistic forecasts. These ...

Short'n'longs

USD/JPY support: 111.10, 110.50 resistance: 111.85, 112.50

Short'n'longs

The technical picture is mixed on the majors now. Trading instruments are consolidating. Participants of financial markets are waiting for the Fed decision. Most likely, the Central Bank will leave the interest rate at the previous level of ...

Short'n'longs

There is a correction on USD/CAD after sharp fall in the end of August. The pair has the potential for recovery. The Inside Bar pattern was formed on the H4 chart. I’ll buy this pair, if it fixes above 1.2335. It may move to the 1.2400 round level. ...

Short'n'longs

My yesterday's expectation for GBP/USD were confirmed. I expect a strong corrective movement on this asset. The price is testing the 1.3475 local support at the moment. I’ll sell the pair, if the price fixes below this mark. The goal of its movement ...

Short'n'longs

The current technical pattern indicates a possible correction on USD/JPY. The price is testing the 111.30 local resistance now. I plan to sell it, if the price fixes below 111.10. The closest target for taking profit is the 110.75 support level.

Short'n'longs

Aggressive purchases were observed on GBP/USD last week. The pound has reached the 1.3600 round level. The Bank of England may raise the issue of reducing the economy stimulation program in the near future. GBP/USD is consolidating now. I don’t ...

Short'n'longs

The ‘head and shoulders’ figure has appeared on USD/CHF. I’ll sell the pair, if it fixes below the 0.9610 mirror support. It may move to 0.9550.

Short'n'longs

USD/JPY retained the 100.00 round level during the Asian trading session. It triggered a bullish sentiment. The price is testing the 110.75 key resistance level now. I think that the quotes have the potential for the further growth. I’ll buy USD/JPY ...

Short'n'longs

USD/JPY is consolidating now. I expect a technical correction after a significant increase since the beginning of this week. I’ll sell this pair, if the price fixes below 11035. It may move to the 110.00 round level.

Short'n'longs

My yesterday's expectations on EUR/USD were confirmed. It seems to me that the trading instrument will continue to decline. The report on the US inflation will be released today at 12:30 (GMT). I plan to wait for the retest of the 1.1930 mirror ...

Short'n'longs

The EUR/USD pair is consolidating now. I expect a downward trend and I’ll sell, if the price fixes below the 1.1975 local support. The pair may move to 1.1950-1.1930. I’ll use a trailing stop for this position. And the deal will be short-term and ...

Short'n'longs