The main currency of the euro zone after strong gains rebounded from the resistance zone and is slowly going down. We stick to the rule that if the rate bounces from a certain level for the third time, devils, etc., it means that investors are constantly trying to break through,Continue Reading
Currently, the British Pound does not have a specific direction. Asia almost did not move the price, which caused the chart to flatten due to this session. It should be noted that despite yesterday’s exit from the channel, the rate returned and stopped on support from the previously designated zone.Continue Reading
A few images from Monday morning. Last week surprised us a lot due to the volatility much higher than at the beginning of the week. EURUSD H1 retest to the channel line and rebound, giving a positive impulse to the direction Petroleum OIL. On Wednesday, expected macroeconomic data with littleContinue Reading
The “Canadian” has been keeping the downward trend for 7 months, which has led many investors to considerable losses. The conviction that the course must finally bounce invariably accompanies many amateurs. In the image below you can see the exit from the box, retest and continuation of declines. Many timesContinue Reading
In line with yesterday’s assumptions, the price of the European currency against the US dollar has broken the channel and is following the designated levels. There is a strong resistance zone ahead of us, where the rate has already stopped once and made a downward correction. This level may beContinue Reading
The European currency behaved in line with our expectations, rebounded from the upper part of the channel and reached its lower level, then rebounded again. However, we currently assume further growth after the condition of leaving the channel upwards is met. Then the possible range is estimated at 500 pips,Continue Reading
We assume a further downward move due to macroeconomic data to be announced for the British Pound at 8:00 AM. Due to expectations of deterioration of England’s situation, the rate after yesterday’s stronger break, which I presented giving the exact level, rebounded back to the downward trend. Asia in theContinue Reading
According to the last entry, the assumptions turned out to be accurate. The pound returned to resistance, rebounded, but finally broke the resistance level today, which we currently treat as support. Brexit data, or rather constant discussions on twitter portals, of people who have an impact on the market causeContinue Reading
The instrument played by the vast majority of investors responded nicely to the upper line of the channel. However, at the moment the rate is based on local support which, if broken, may deepen the correction. However, we focus more on rebound and another test of the upper level andContinue Reading
As previously posted, our expectations have come true. It is true that the tweet helped, which does not state that the United Kingdom is making a concession and introduces changes by withdrawing clauses to the British agreement on the internal market. However, also at the indicated level, there were enoughContinue Reading
