The Canadian dollar gaining power..

Two internal factors are playing out right now The presence of cash inflows to Canadian oil and gas today due to two major government announcements. The oil trade is very interesting. The Canadian crude is locked in the country and… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

AUD/USD – potential for more upside

Following the Fed announcement yesterday, the dollar weakened and this helped AUD / USD to climb higher, breaking 100 MA on the 1H chart (orange line). Currently AUD / USD is testing the level of the short term resistance at 0.5964-85. Just above this level is 200 MA (purple line) – 0.60030. A breakthrough will […]

USD/CHF – in a short zone

On the weekly chart USDCHF is in a zone of resistance – between horizontal and diagonal resistances. Pair is suitable for a short position with entry around 0.98 – 0.986. 4H chart is signaling buyer’s exhaustion and potential short-term correction – regular RSI bear divergence. Our expectations are for a short-term rebound and correction to […]

EUR/USD – what levels of correction we should expect

The euro breaks below its lowest levels against the dollar in two weeks. Pullback for the EURUSD will continue, with support for the euro expected to be around 78.6% FIB from the primary impulse of 20th February this year – in the range of 1.0956 – 1.09299. With the loss of this horizontal block of […]

NZD to 0.59 at end of Q1 2020

ANZ with NZD / USD currency pair forecast – NZD / USD will drop to 0.59 by the end of March next year By 0.61 by the end of June next year ANZ cites the fact that RBNZ lowers interest rates and uncertainty around capital decisions. According to them, interest rates in New Zealand will […]

CAD/JPY – Opportunity for a profitable position with a good risk/reward ratio

CAD / JPY – H4 Our expectations – Rising trend, correction to support levels. Possibility for long positions. Alternative scenario: Lowering the price below the support areas will send the currency pair into even deeper correction, with a break below… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

SEK/JPY – outside of the box trading idea

COVID-19 has entered its second month as a major market engine. With unsuccessful attempts to tackle the problem, the epicenter of FX market concerns may shift to the European scene. Sweden and the Crown may suffer in the coming weeks.… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

EUR/USD technical analysis: what comes next

EUR / USD returns its profits due to the threat of COVID-19. Today’s 4-hour chart points to a further decrease. While the 4-hour inertia was still slightly positive, EUR / USD failed to break above 50 MA. It is also… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

USD/CHF – price action signal and an opportunity for a profit

USDCHF daily chart our expectations: Declining main trend. Correction to main horizontal and diagonal. Possibility for short positions. Alternative scenario: If the price of the currency pair rises above the multiple resistances, a higher correction is possible, the target being… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

NZD/JPY – Possible long entry after correction

NZD/JPY, Daily. Mid-term correction for the deterioration of sentiment risk and appreciation of the Japanese yen. The price is consolidating in the area over 200 periodic moving average. We expect the upward movement to continue after a short-term correction. DeM… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]