Welcome to the next trading week. A quick look at the macroeconomic data, nothing concrete is visible, no data with a large impact on the market. Macro data only from Wednesday. So let’s check what is happening on the charts. EURUSD Last week I wrote about the currency pair havingContinue Reading
NZDCAD The exit of the price for the designated formation is really nothing special. This can be interpreted in two ways. The first is that the exit signals a stronger desire to go in a given direction, then the broken trend line becomes a support. The second is a falseContinue Reading
USDCAD A currency pair that has recently decelerated its movement compared to the previous trend period. Due to several unsuccessful attempts to break through the resistance, we expect a further decline. In the second image I showed the D1 interval which shows the possible range. This level is the supportContinue Reading
XAUUSD Gold began to move quite intensively after the long consolidation. The current price is at the resistance level from the aforementioned consolidation. In the picture I showed the marked line on which we have an open road to further increases. In case the level is marked with a cross,Continue Reading
EURUSD The currency pair has recently squeezed some money out of retail investors. Several posts in the last 2 weeks appeared on the reddit forum with the short positions presented. Everyone was going short every now and then at local levels. As you can see, investors are theirs and theContinue Reading
DAX30 The German index has been moving along the lower trend line of the channel for over 4 hours. We can expect the bottom line to exit.Continue Reading
NZDCAD At the moment, we see the currency pair moving correctively upwards. Thanks to the correction, we can determine the channel whose boundaries coincide with the resistance and support marked in the image. I assume that we have a chance to continue the movement until the designated lines are broken.Continue Reading
USDJPY The currency pair is very good for long-term investing as shown in the chart. Today I will present two options that should be taken into account when planning transactions. There is no doubt that we have a new downward trend as the price has been falling for 2 weeks.Continue Reading
BTC The chart shows a wide growth channel in which the stock moves. So far, the trend has not been negated, making local adjustments. We can see the main channel and the smaller one marked which may be the guide to the next stop level. However, quite long collected ordersContinue Reading
DAX30 The German index decreases its volatility with each day, which may indicate an upcoming breakout. Currently, we have marked another channel which, as you can see, is already narrower. I don’t really expect us to stay in this range next week so now I will be looking to enterContinue Reading
