NZDCAD The currency of New Zealand is doing very well compared to other Canadian dollar pairs. It is enough to look at other pairs and you can immediately see that the Canadian has strengthened to most of the world economies after the data on Wednesday, which indicate, among other things,Continue Reading
XAGUSD Silver, in line with the movement of gold, remains in an uptrend. Currently, the price has stopped at the top line which is in line with the resistance shown in the image. With a cross I marked the place where further upward movement can be expected if the levelContinue Reading
DAX30 We can notice that the DAX, after quite sharp declines, stopped at the designated level yesterday. After the Asian session, not much has changed but we can notice the boxing formation. This configuration in the charts is hardly used, but it can surprise you. If the price does notContinue Reading
USDCAD You can see that investors who are trading the currency pair have a strong pressure to break the resistance level. I write about it many times that if a level is repeatedly tested, it becomes weaker with each subsequent one. This is because investors interested in buying a stockContinue Reading
DAX30 Today, the German index is constantly lowering its price, and in a moment we will find ourselves at the level of the largest correction in the trend movement. I have marked the correction in the image, so it’s worth keeping an eye on this level. Of course, I doContinue Reading
Nasdaq (NQ) When I was talking about possible new peaks a week and a half ago, someone asked me the question “why do I think the value will continue to increase when you can see that it has slowed down”. It’s hard to respond to the statement when such aContinue Reading
Silver Ore, the value of which had significantly increased due to rumors about the pump, returned to normal trading mode. We can see that a local growth channel has now been created, the bottom line of which is at the support of the April 8 peak. The level is soContinue Reading
Welcome to the next trading week. A quick look at the macroeconomic data, nothing concrete is visible, no data with a large impact on the market. Macro data only from Wednesday. So let’s check what is happening on the charts. EURUSD Last week I wrote about the currency pair havingContinue Reading
NZDCAD The exit of the price for the designated formation is really nothing special. This can be interpreted in two ways. The first is that the exit signals a stronger desire to go in a given direction, then the broken trend line becomes a support. The second is a falseContinue Reading
USDCAD A currency pair that has recently decelerated its movement compared to the previous trend period. Due to several unsuccessful attempts to break through the resistance, we expect a further decline. In the second image I showed the D1 interval which shows the possible range. This level is the supportContinue Reading
