The European currency is weakening throughout the session today. The morning look at the market did not give a clear signal to conclude a transaction (It is commonplace on the Forex market). There was no exit from the top, so a long position was not taken into account. The currencyContinue Reading
BitCoin as the oldest cryptocurrency has won the largest group of investors. It has become more technical in recent times. You can better predict the direction using technical analysis. Currently, BitCoin is in the correction phase after the strong breakout on January 29. You can see that someone made aContinue Reading
We are starting another week on the Forex and Stock Market. Last week was exciting due to the reddit scandal. This week we start with optimism. We will start the list with NZDCAD which initially gave a signal to sell, but breaking the price above the resistance level gave anContinue Reading
ETH is a cryptocurrency that quickly rose to the second place in popularity thanks to its use. We can see that the currency growth is more stable than BitCoin. When you look at the chart, you can also see that a rising wedge has formed which is formed on theContinue Reading
The German index during the Asian session broke almost the entire rebound that took place in the European session. At the beginning I was wondering if today’s data should be much better than forecasts because when we expect the situation to deteriorate, the price is falling. The price plummeted andContinue Reading
The Canadian currency has been weakening for some time against other currencies with which it is paired. This is optimistic news for the pair with the US dollar as we see a stronger reaction in the pair. The strengthening US dollar and the weakening Canadian dollar created a strong moveContinue Reading
The dollar did not let us down and is strongly appreciating against the main currencies. The Canadian paired with the US dollar is just on the border of the descending wedge determined from the D1 interval. In connection with the data for the US dollar, a correction can be expected.Continue Reading
As in the title, I previously assumed a reflection for the reasons described at the time. Currently, the price has reached the resistance marked in the picture, we can expect a correction to the level around 2.59 or the closing of the price at the end of December. A furtherContinue Reading
The European currency has been under pressure from the leaders of the European Union for 3 weeks, who have noticed that the currency is too strong. The policy of many countries at some point begins to change to bring the greatest benefits. At the same time, we see a strongerContinue Reading
The British Pound is not under pressure from other currencies. it is difficult to look for a typical correlation as with some currency pairs. When we observe that the pairs with which the pound was moving evenly a few months ago, today you can see that the price of theContinue Reading
