AUD/USD: Bulls don’t believe in their strength

AUD/USD: Bulls don’t believe in their strength

On the AUD/USD daily chart, there is a consolidation in the range of 0.7575 – 0.7635 within the correction towards the upward near-term trend. To restore the uptrend, the Bulls need to meet the following conditions: to test the resistance at 0.7635 and to return quotes within the borders of the upward trading channel.


On the AUD/USD hourly chart, the failure of the Bulls to test the resistance at 0.7675 – 0.768 might lead to the formation of the Head and Shoulders pattern. For its realization, a downfall of quotes below the supports at 0.7575 – 0.758 is needed.



GBP/USD: bullish "Flag"

The pair is going to continue moving up in the direction of another resistance at 1.4144 - 1.4277...



Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera