Something for a much larger group of customers who focus on day trading or a method called scalping. Currently, the EURUSD chart shows a possible downward correction, rebounding again from the resistance. Additionally, it can be seen that the highs on the chart are progressing lower and lower, but thisContinue Reading
Oil yesterday deprived investors who entered into trades on the first retest as the price moved back to the resistance from the designated triangle. Currently, the price of crude oil is moving in the intended direction. Tomorrow’s macroeconomic data, which expect inventories without stocks, may deepen the decline, but theseContinue Reading
Even on Friday, I did not consider short positions due to the lack of a specific signal that occurred at the moment. There was no reason why Petroleum should be cheaper (although this adjustment was due), but the confusion around the virus and the pandemic in the world has createdContinue Reading
Monday probably surprised many people. The surprise appears even though we knew earlier that there would be restrictions before Christmas. We knew that the bans in various countries would be stricter and the markets would react to it. So the UK, despite vaccination, will introduce greater restrictions because a newContinue Reading
With less than two weeks to go until the transition period ends, Brexit talks between London and Brussels are on a knife edge. Prime Minister Boris Johnson has warned that the most likely scenario will see the UK crash out of the EU without a trade deal. But Michel Barnier,Continue Reading
Despite the assumptions supported by good data, crude oil did not rise to the levels we expected. The graph now shows a wedge from which the output can show the new direction or the continuation of the current. Bank analysts have been writing and saying in interviews for several daysContinue Reading
Currently, we can see where gold has stopped. Initially, we assume a reflection from the designated level, but keeping the finger on the trigger. In the current situation, it is possible to both break the rate to support around 1847 and break the channel up. However, from the previous experienceContinue Reading
We have been assuming strong growth for several days and we still do so. The euro is currently in a place where large orders in both directions can meet. On the one hand, strong resistance that encourages investments to reverse the trend that is supported by information about the coronavirusContinue Reading
We can see that yesterday was largely fulfilling the plan we presented on Wednesday. Currently, silver has stopped at a resistance, which may cause a slight correction, but we will certainly be able to say it only after the start of the European session. The plan presented earlier is stillContinue Reading
Swiss Currency Extremely Strong During today’s Asian session, the USD / CHF pair shows mixed dynamics, still close to the record lows of January 2015. Investors do not rush to open new trading positions awaiting the publication of the results of the 2-day Fed meeting, which will be released aContinue Reading
