Hello. A quick review of macroeconomic data points to today’s speech by ECB President Lagarde, which could have a big impact on the market. On Tuesday, a speech by the chairman of the Fed, that is, Mr. Powell. But only from Wednesday the strong turmoil begins, because the Flash PMIContinue Reading
GBPUSD Markets often do not behave rationally when faced with macroeconomic data. Investors try to predict what will be announced or what will be said by leaders or persons responsible for monetary policy in a given country. Many retail investors forget that information that was previously known to a smallContinue Reading
USDCAD Despite the exit from consolidation, the currency pair is still in doubt. The reason is today’s data, which in one part is forecast to improve the situation in the US, ie “core retail sales” which is expected to be positive compared to the last reading. This represents a changeContinue Reading
Hello. At the top you have a picture that shows how you can donate a few cents for each article and analysis you read. It costs nothing after the time to click. All of the money earned will be donated to a jointly chosen, charitable purpose. USDCHF The currency pairContinue Reading
EURUSD After yesterday’s data, or rather tweets that quoted Christine Lagarde’s statements, we could expect more traffic. Many people were counting on leaving the flag formation but you can see that the levels defend themselves strongly. A few optimistic news helped other currency pairs, but in this case we areContinue Reading
NZDJPY Currency pair not discussed before so you can take advantage of the emerging pattern. Right now you can see that you are creating an upward channel that is opposite to the current price movement. The moment of entry should be during the formation breakthrough with the range indicated inContinue Reading
Welcome to the first Monday of the new month. Overall, looking at the market, I can’t see anything more than what I showed last week. But let’s move on to the charts. Nasdaq We can notice that the commonly known as NQ rebounded strongly after the consolidation it fell intoContinue Reading
USDCAD The currency pair looks like investors would start collecting orders before the next big move. Soon, hedge funds will open new contracts that will largely move the price, so we can expect a breakout in the area indicated. Until then, it remains outside the market.Continue Reading
Welcome to the last day of the month. Sessions from last week, as every month, showed that contracts were closing, so this week we have to be careful that new contracts do not take the profit from the entire month. Mark Douglas in his book “In a trance of investing”Continue Reading
GBPCAD I have not discussed such a currency configuration yet. I want to add new instruments because I have noticed that there are many retail investors who are trying their hand at multiple currency pairs. The analysis will be a bit general, as GBPCAD has been moving in a wideContinue Reading
