The German index during the Asian session broke almost the entire rebound that took place in the European session. At the beginning I was wondering if today’s data should be much better than forecasts because when we expect the situation to deteriorate, the price is falling. The price plummeted andContinue Reading
The Canadian currency has been weakening for some time against other currencies with which it is paired. This is optimistic news for the pair with the US dollar as we see a stronger reaction in the pair. The strengthening US dollar and the weakening Canadian dollar created a strong moveContinue Reading
The dollar did not let us down and is strongly appreciating against the main currencies. The Canadian paired with the US dollar is just on the border of the descending wedge determined from the D1 interval. In connection with the data for the US dollar, a correction can be expected.Continue Reading
As in the title, I previously assumed a reflection for the reasons described at the time. Currently, the price has reached the resistance marked in the picture, we can expect a correction to the level around 2.59 or the closing of the price at the end of December. A furtherContinue Reading
The European currency has been under pressure from the leaders of the European Union for 3 weeks, who have noticed that the currency is too strong. The policy of many countries at some point begins to change to bring the greatest benefits. At the same time, we see a strongerContinue Reading
The British Pound is not under pressure from other currencies. it is difficult to look for a typical correlation as with some currency pairs. When we observe that the pairs with which the pound was moving evenly a few months ago, today you can see that the price of theContinue Reading
The German index fell to the expected price yesterday just before the end of the US session. During the Asian session there was a retest I was waiting for which serves as a signal to enter (shown in the second M1 image). Unfortunately, we are not able to sit atContinue Reading
I don’t like analyzing charts at the end of the day. Asia tends to be less volatile and the price changes are not as significant as during the European and American sessions. However, this time I see a clear gold channel worth showing. Today’s FED only confirmed the strong positionContinue Reading
BitCoin has created a support zone at just above $ 29,000. We have a chance to bounce back, but I wrote about it a few days ago. We cannot expect only increases. The cryptocurrency market is slowly beginning to attract an increasing group of investors, thanks to which it becomesContinue Reading
As announced, the German index is getting closer to support. The assumptions in the morning proved to be correct. Exit from the retest formation and continuation of declines. I was counting on such a development of the situation and I was not disappointed. We have now managed to play someContinue Reading
