You can see the evident strength of the Swiss currency which gives time for technical adjustments and continues to move in its direction. We are currently seeing a rebound from the trend line and a continuation of the downward movement. After breaking the upward trend line, the currency reached localContinue Reading
The Canadian has now come to an interesting place because the upward correction was quite intense, but as I wrote earlier, this currency pair is characterized by a slightly different specificity of corrections. Corrections in USDCAD are stronger, as if more geared towards clearing hedging orders, and when almost touchingContinue Reading
On the one hand, gold is still moving in the downward channel, but recently we can see the beginning of a possible new trend. In the situation of the end of the year, contract closings and general uncertainty of investors, it should be approached with caution, but it is worthContinue Reading
The title basically says it all. Contrary to gold, which is still in the downtrend, silver broke the triangle line two weeks ago and continues its upward trend. Even though the price is at the level of a strong resistance zone, we can assume further increases. The situation would improveContinue Reading
You can see almost the same picture when we look at both charts. The designated levels have not been broken, so the conditions for taking the position have not been met, we are waiting for the situation to develop.Continue Reading
The British Pound, despite the strong upward momentum, makes significant corrections that give many investors a headache. At the moment it can be noticed that despite the upward correction, the price stopped for a moment and then began to slowly rebound from the locally designated fibo 61.8. The level isContinue Reading
As you can see, the European currency in relation to the US dollar does not make any specific moves that would allow for a more reliable transaction. Yesterday’s assumptions did not come true due to the lack of dynamics and strength to break through the designated levels. The resistance levels,Continue Reading
We are the first trading day after Christmas where the markets are back in operation. In fact, not every country has returned to trading today, but the Asian session on some instruments showed that this year may still surprise many investors. Personally, I do not expect a repeat from lastContinue Reading
Probably everyone expected that gold, as in the last year, will only grow. Nobody even considered that this year the price might keep the downward channel. However, the market is verifying and we have what is visible. If the rate maintains, the assumptions from 2 weeks ago are still inContinue Reading
Something for a much larger group of customers who focus on day trading or a method called scalping. Currently, the EURUSD chart shows a possible downward correction, rebounding again from the resistance. Additionally, it can be seen that the highs on the chart are progressing lower and lower, but thisContinue Reading
