The GBPUSD pair is consolidating so much that, even if I really wanted to, I don’t see an opportunity to enter even a small position. Personally, I don’t like such a market so I wait for the price to come out for the marked area from the second image. TheContinue Reading

We are currently seeing the price of gas outside the designated channel. This is not a reason to worry because this value is characterized by breaking the formation and returning to it after a while. Currently, I would wait with long positions until the price returns to the designated channelContinue Reading

XAUUSD is in a good downtrend that can be used without any problems. At the moment, we can observe the formation of the wedge that has formed. The price has reacted to the support that is at the same price level as the wedge limit. We assume declines all theContinue Reading

Monday market review

Welcome to next week where we check what is happening on the charts. EURUSD H4 A currency pair that rebounded initially from the support, but Asia broke the price with practically one move. Currently, in the picture I have marked the support we are on. The price has reacted severalContinue Reading

The German index of the 30 largest companies in Germany is consolidating across a wide price range. For me personally, it is not a problem because it uses local trends that are worth earning anyway. Currently, lower lows are visible again highs, so we have a chance to bounce offContinue Reading

The pounded British pound is now dominated by the dollar. This does not mean that there will be no further growth as the UK economy is one of the best performing in the world in all respects. The real estate prices themselves are so high that they make you dizzy.Continue Reading

The euro against the US dollar, just like other currency pairs, surprised investors yesterday. Everyone expected increases as if they had forgotten the speech of Powell, who is chairman of the US federal reserves. Until his appearance, the prices were clearly weakening the US dollar. Then there was a turningContinue Reading

Until yesterday, I saw chances for a rebound and strengthening of the US dollar against the Canadian dollar. Today we can see the weakness of the currency pair and after breaking the support, the stop will probably take place in the marked zone. In the case of another attempt toContinue Reading

After quite long price drops, gold has a chance to rebound. The price rebounded from the support, so if we break the local resistance, it will be an opportunity to take a long position. The data for America also did not indicate a strong market turmoil. However, it should beContinue Reading