There were agressive sales on USD/JPY yesterday. The positive data on the consumer confidence index supported the US dollar. It seems to me that the correction on USD/JPY may continue. I plan to wait for the retest of the 109.50-109.75 level. I’ll ...

Short'n'longs

The technical pattern on USD/JPY is ambiguous now. The pair is in flat. The demand for safe currencies is at a fairly high level. At the same time, I don’t exclude a correction of the USD/JPY quotes. I plan to open transactions from the key levels. ...

Short'n'longs

The bullish sentiment prevails on NZD/USD. I’ll open transaction in the current trend direction. I’ll buy the pair after the retest of the 0.7260 mirror support. It may move to 0.7315-0.7335. I’ll use a trailing stop.

Short'n'longs

GBP/USD has closed the morning gap and is testing the 1.2920 local resistance. It seems to me that it has the potential for further correction. I’ll buy the pair after the price fixes above the 1.2920 level. It may move to 1.2950-1.2975. I’ll use a ...

Short'n'longs

Aggressive sales were observed on EUR/USD the last Friday. The Fed chairman Janet Yellen hasn’t announced specific plans for the monetary policy at the Jackson-Hole summit. It pressured the US currency. I expect a technical correction now. I’ll sell ...

Short'n'longs

There is an interesting technical pattern on AUD/USD. Bears prevail on it since the beginning of this week. It’s consolidating now. I expect a further drop of AUD/USD quotes. I’ll sell it, if the price fixes below the 0.7885 local support. It may ...

Short'n'longs

My yesterday's assumptions on GBP/USD were confirmed. The trading instrument may reduce further. I will sell the pair after the retest of already mirror resistance - 1.2810. It may move to 1.2750. I plan to use the trailing stop when tracking the ...

Short'n'longs

GBP/USD has been consolidating in the 1.2840-1.2900 range for a quite a long time already. The price is testing the lowest limit of this range. I expect a downward trend on this pair. I’ll sell GBP/USD after the breakthrough and retest on the 1.2840 ...

Short'n'longs

USD/JPY retained the 108.70 key level and it caused a correction. The price is testing the 109.45 local resistance now. I think that the correction may continue. I’ll buy the pair if it fixes above 109.45. USD/JPY may move to 109.90-110.30. Entry ...

Short'n'longs

EUR/USD Support: 1.1725, 1.1675 Resistance: 1.1765, 1.1825 I’ll buy the pair if it fixes above the 1.1765 local resistance. It may move to 1.1800. I’ll open short positions if it fixes below 1.1725. It may move to 1.1675.

Short'n'longs

The technical pattern on majors is ambiguous now. The market is waiting for additional drivers. The key event of the week is the summit in Jackson Hole, which will be held from 24 to 26 August. The publication of important economic reports is not ...

Short'n'longs

USD/CAD is correcting after a sharp fall during yesterday's trading. I plan to wait for the retest of the 1.2665-1.2680 offer zone. I’ll open short positions if the price holds this mark. The pair may move to 1.2630-1.2600.

Short'n'longs

Another political scandal in the White House and the published FOMC protocols pressure the US dollar. The demand for US currency has weakened. Bears dominate on USD/JPY. I’ll sell this pair if the price holds the 110.20-110.30 mark. The goal for ...

Short'n'longs

There’s a correction on AUD/USD. Buyers prevail on this pair at the moment. The trading instrument has the potential for the further growth. I plan to wait for retest of the 0.7845 mirror support level. I’ll look for the entry points to the market ...

Short'n'longs

There is an upward trend on USD/JPY now. Reducing tensions on the Korean peninsula and a positive report on retail sales in the US support USD. I’ll buy USD/JPY, if the price fixes above the 111.00 round level. The pair may move to 111.50-111.75. ...

Short'n'longs

The USD/CHF pair was traded aggressively yesterday. At the same time, the current technical pattern indicates a possible correction. The price held the key resistance level at 0.9750. I’d sell it after the breakthrough and retest of the 0.9710 ...

Short'n'longs

My yesterday's expectations for EUR/USD were confirmed. The report on retail sales in the USA is at the center of attention today (12:30 GMT). It seems to me that before the publication of statistics, the currency will be traded in the 1.1730-1.1775 ...

Short'n'longs

EUR/USD has retained the 1.1830-1.1845 local offer zone. It caused a correction. The technical pattern is ambiguous for me now. I expect the further correctional movement. I’m going to sell EUR/USD after it fixes below the 1.1280 local support. The ...

Short'n'longs

An interesting technical pattern has formed on USD/CAD. The currency retained the 1.2715 local support. I expect a downward trend soon. I’ll sell USD/CAD after it fixes below the 1.2700 round level. The pair may move to the 1.2665 local support.

Short'n'longs

The fall of USD/JPY exceeded 100 points. I’ll sell it, if the price fixes below the 108.90 local support. The pair may move to 108.50-108.25.

technical analysis -or- fundamental analysis