USDCAD The analysis of each currency pair should begin with checking the macroeconomic calendar. Today, the US dollar is expected to announce preliminary GDP, which analysts forecast a slight improvement of 0.1% so it can be assumed that no one is expecting a surprise from the American economy. The secondContinue Reading
EURUSD The currency pair is not slowing down its pace of growth. Unfortunately, anyone trying to catch the tops is left with a finger in their nose because the price is rising all the time and will probably continue to rise up to the level marked in the image. FromContinue Reading
GBPUSD After a significant rebound, the currency pair is in the triangle-forming phase, which is best seen in the H4 time frame. The analysis of the lower time frames shows that the price of the currency pair may rise further to the price of 1.4181x where the price has alreadyContinue Reading
USDCHF The Swiss currency appreciates significantly against the US dollar. The decline in the currency pair is almost as strong as the rise, which may indicate that the price decline will continue. I would expect a reaction at the level shown in the picture, but if the American economy doesContinue Reading
GBPUSD In fact, the entry will be short. A new channel with a high time interval has been designated. If you did not consider this form, I suggest you pay attention to it. The target point is marked in the second image. The deal will be played in the rangeContinue Reading
GBPUSD The currency pair is not slowing down. The level of correction following the recent strong gains has already been almost entirely compensated by investors. The broad consolidation at the bottom of the correction was simply selecting contracts at a better price to prepare for further increases that I alreadyContinue Reading
The currency pair increases its price in line with the complexes, so we are close to the resistance. Due to the weakening dollar, I expect a further increase to the level around 1.2269x and a return reaction to the designated trend line which coincides with the support.Continue Reading
USDCHF The currency pair remains in the downward phase and so far does not promise a strong reversal of the trend. Dollar in tandem with most currencies is weakening. This is not very optimistic because the US economy is in good shape, but the constant printing of money, stimulus packagesContinue Reading
Welcome to the next May Financial Markets Review. We will start today’s ranking with gold. XAUUSD The value during the Asian session slowly but visibly increases its value so that it is approaching the resistance once again, which is likely to be broken. Continued growth will not surprise me. IContinue Reading
EURUSD You can see that the currency pair maintains the emerging uptrend. Despite the exit from the previously designated channel, we are still growing and we should include such positions. You can see that the price rebounded from the support, so until we break this level, the short position willContinue Reading
