Monday market review

Last week had moments where he was able to surprise. There was no impact of macroeconomic data as we would expect. The swearing-in of Joe Biden has already largely been priced into the financial value. Crude oil prices (despite the significant difference between the forecast and the reading) did notContinue Reading

The New-Zealander to the Canadian corrected a bit faster than I expected, but as the saying goes: “the market is not a pharmacy”. The current rebound from the resistance gives us a positive signal for further price drops with the range marked in the image. For traders of this currencyContinue Reading

The Swiss currency continues in a downward trend, but recently we have seen several attempts to break the resistance. As we know, the level that is tested several times becomes weaker and therefore has a greater chance of breaking it. At the beginning of the week I was already gettingContinue Reading

According to yesterday’s post, the British Pound is still moving in the channel that created the flag. During the Asian session, there was an attempt to exit the mountain, but unsuccessful. The course quickly returned to formation. At the moment we are on the border of the lower part ofContinue Reading

Today, at the beginning of the European session, the British Pound moved up strongly, in line with our expectations. At the same time, after the late investors began to buy the currency pair in a rush of excitement, which in the afternoon the forums began to appear more and moreContinue Reading

Some time has passed since the last gas analysis. Rather, it was due to waiting for the right levels and the fact that gas is not one of the securities that move like currencies or indices. Tomorrow’s macroeconomic data forecasts are optimistic which may have a positive impact on theContinue Reading

Silver moves in the same way as gold. It can be said that it is gold that leads the silver, and it is often seen that the movements first occur in gold and then silver follows. Sometimes there are differences, but ultimately everything coincides. Both silver and evil are atContinue Reading

The currency of Great Britain does not surprise us with anything, and goes where we assumed. The appreciation of the pound was conditioned by the previous economic situation and the strength of the currency in the previous years. Brexit only drives the entire mechanism of currency strengthening … Only yesterday’sContinue Reading

As before, so now. We are in a downward trend, and going above the resistance will only give a positive signal to possible long positions. Lagrad’s statement about too strong the euro had an immediate effect in the form of declines in pair with the dollar, but it is notContinue Reading