Monday market review

Welcome to next week where we check what is happening on the charts. EURUSD H4 A currency pair that rebounded initially from the support, but Asia broke the price with practically one move. Currently, in the picture I have marked the support we are on. The price has reacted severalContinue Reading

The German index of the 30 largest companies in Germany is consolidating across a wide price range. For me personally, it is not a problem because it uses local trends that are worth earning anyway. Currently, lower lows are visible again highs, so we have a chance to bounce offContinue Reading

The pounded British pound is now dominated by the dollar. This does not mean that there will be no further growth as the UK economy is one of the best performing in the world in all respects. The real estate prices themselves are so high that they make you dizzy.Continue Reading

The euro against the US dollar, just like other currency pairs, surprised investors yesterday. Everyone expected increases as if they had forgotten the speech of Powell, who is chairman of the US federal reserves. Until his appearance, the prices were clearly weakening the US dollar. Then there was a turningContinue Reading

Until yesterday, I saw chances for a rebound and strengthening of the US dollar against the Canadian dollar. Today we can see the weakness of the currency pair and after breaking the support, the stop will probably take place in the marked zone. In the case of another attempt toContinue Reading

After quite long price drops, gold has a chance to rebound. The price rebounded from the support, so if we break the local resistance, it will be an opportunity to take a long position. The data for America also did not indicate a strong market turmoil. However, it should beContinue Reading

The volatile market is and does not always move at the same pace and with the same ranges. Sometimes this can be frustrating because expectations don’t follow reality. The British Pound, which has recently been characterized by long trends, is now moving much less. My view of the market canContinue Reading

Yesterday’s situation in the New Zealand currency caused a lot of surprise among individual investors. There were a lot of questions and posts on the Reddit forum about the long candle that temporarily weakened the New Zealand Dollar. In the case of the NZDCAD currency pair, the candle wick touchedContinue Reading

The gas price is moving as expected in the designated channel. The current price level is not resisting so we have a chance for further growth. However, if the price returned and made a downward correction, I marked the possible behavior of the price with blue alternatively. Next stop nearContinue Reading