EURUSD After an unsuccessful attempt to break the resistance, the price of the currency pair returned to declines driven by yesterday’s US data. Investors stopped at the support marked in the blue circles in the image. Of course, we do not “catch the falling knives”, so we wait for theContinue Reading

German DAX index A clear stoppage in a narrow range, similar to gold, may be an expectation for today’s macroeconomic data. It is worth looking into the gold analysis to see which data is involved. Pivot Points Daily R3 15740Daily R2 15670Daily R1 15630 Daily PP 15560 Daily S1 15510DailyContinue Reading

XAUUSD Gold has been consolidating in a rather narrow range, waiting for a signal that will push the price in one direction. This financial instrument has changed over the last year as the signals look a bit different from last year. Of course, as shown in the picture below, IContinue Reading

XAUUSD Do you remember Monday’s market review? I wrote about gold and what I expect from this investment value. We are in the place where I assumed it would be scored, and I think we have a chance for a correction as I indicated in the image now (and theContinue Reading

German Index of the 30 Largest Companies Yesterday was a bit hard for me personally. Two days of consolidation and quite weak breakthrough. I was expecting a stronger movement, forgetting that it is summer vacation. Today the Asian session, for a change, lowered the price quite significantly, which is whyContinue Reading

USDCAD Following the FOMC, the US dollar / Canadian dollar currency pair declined significantly. There was a breakout from a channel that I expected to hold, but nothing is lost yet as breakouts are a normal thing. I have marked the place where a possible return to the growth channelContinue Reading

EURUSD In this financial instrument, the situation is almost similar to that of the British pound. We see the breakthrough of the last peaks that created resistance, but before the data, he does not make such decisions, knowing how such experiments ended. Now there is an open path to aContinue Reading

GBPUSD As we saw yesterday, the plan has not been fulfilled. My position I had had closed to zero before the local support broke, and I did not repeat after that because the market was not as clear as I had hoped. Initially, the FOMC introduced confusion, investors did notContinue Reading