NZDCAD Long time not discussed instrument because I mainly focus on the British pound and the German index. Currently, the price is in the correction phase and is approaching the support I have indicated in the image. However, due to the lack of intensity of traffic that we could observeContinue Reading
GBPUSD The situation on the pound looks quite clear. We have a short term downtrend that may deepen further to 1.3740. This level is support and fibo 61.8. Looking at the chart at the moment, you can see that the price is rising, and you can basically risk a longContinue Reading
DAX30 Yesterday we saw how easy it is to make new peaks without the need for long collecting orders. Along the way, during the one-minute stop, so many short positions were created that breaking the hedging orders was even easier. Personally, I did not take advantage of this market, IContinue Reading
NQ Despite repeated attempts to break the price of the American index, the value of the US index continued to rise. It even got to the point that people started writing on various forums that they would give up short positions when NQ was constantly growing. Of course, decisions madeContinue Reading
USDJPY Despite the expected weaker data for the US, this currency pair is clearly strengthening. We now have the first positive signal to indicate a rebound as we broke the last high. At a time when we expect a correction on pairs with the US dollar, I expect the priceContinue Reading
USDCAD When I look at the upcoming US macroeconomic data readings, it is clear that the forecasts are not hawkish. Each forecast shows a slight deterioration in the US situation, which could reverse trends in many currency pairs. In the case of the “Canadian”, an optimistic point for us indicatingContinue Reading
EURUSD Overall, we remain with the plan I described last week. I recommend that you look for the last analysis of this currency pair and check the ranges I have given. The downtrend has not been negated, so we should only consider the short position. However, if someone is lookingContinue Reading
Welcome to the next August Monday market review. There was a lot of action on precious metals and USD currency pairs overnight. Let’s start! XAUUSD The gold during the Asian session weakened very much and I honestly admit that I would not expect such a move at night. I assumedContinue Reading
EURUSD After yesterday, I expected a stronger rebound, but as you can see the expectations are over. The start was quite good and the price was going as planned, but in the end, after the dollar appreciated, the investors started to deepen the low on the EURUSD. In this situation,Continue Reading
GBPUSD Yesterday, almost every US dollar currency pair fell into a heavy thrust driven by macroeconomic data. Today the situation for this pair is even more serious because the market expects data only for Great Britain, which almost every time causes strong price fluctuations. At the moment, we have theContinue Reading
