The currency pair made a false break from the channel we selected, but stopped at strong support. After returning to the channel, the price gave a chance to enter a long position. Price retest and rebound indicated a continuation of increases. The earlier plan is still in the game, butContinue Reading
Another week on the financial market is ahead of us. Larger market shares already happened at the beginning of the month. Currently, you do not see much on the charts, but we will try to analyze some of what the Asian session has brought. We start with silver H4. YouContinue Reading
Ethereum seems to have stopped, and I suspect a large proportion of investors in the market are trying to short. However, I advise you to be careful because I don’t see any indications for this yet. The first aspect is the breakout above the growth wedge. The second factor isContinue Reading
Oil grows stronger in any form. Many analysts wonder what is causing this. The same bank analysts already have many explanations. I would like to remind you that the same analysts at the end of the previous year and at the beginning of this year spoke about the price ofContinue Reading
I wrote about it yesterday that there was quite a lot of uncertainty in this currency pair. Today Friday and this uncertainty is definitely more and more noticeable due to the slowdown that took place before the afternoon’s data. Both countries today will announce data that have a significant impactContinue Reading
The Canadian dollar paired with the US dollar is not easy. The Canadian Economy Kept a steady standard of living for its citizens. The changes were so small that the strength of the country remained unchanged. The country is not very popular in the media, so what more could youContinue Reading
As I wrote last week that I expect further increases, so I stick to it. The price of gas broke the set level a bit, but the financial market is not a pharmacy, so the margin of error should be included in the price. At the moment, the price hasContinue Reading
The British pound has been weakening recently against the stronger dollar. The US currency is gaining strength against almost all of its currency pairs. Personally, I am happy about it for several reasons, but not about that now ? GBPUSD broke another support that I wrote about yesterday. Yesterday’s assumptionsContinue Reading
Investors expected gold to behave differently. The reddit turmoil resulted in a slight price boost, but ultimately nothing bigger came out of it. As a long-term asset, gold remains in a downward trend. The wide channel that has been created is still respected. In the long term, I marked onContinue Reading
The ETH is not surprising, as a large number of investors show that technical analysis works and is widely used. This instrument makes it possible to predict without major problems when an increase can be expected and when the correction is about to end. In the current situation, a muchContinue Reading
