USDCAD A currency pair that has recently decelerated its movement compared to the previous trend period. Due to several unsuccessful attempts to break through the resistance, we expect a further decline. In the second image I showed the D1 interval which shows the possible range. This level is the supportContinue Reading
EURUSD The currency pair has recently squeezed some money out of retail investors. Several posts in the last 2 weeks appeared on the reddit forum with the short positions presented. Everyone was going short every now and then at local levels. As you can see, investors are theirs and theContinue Reading
NZDCAD At the moment, we see the currency pair moving correctively upwards. Thanks to the correction, we can determine the channel whose boundaries coincide with the resistance and support marked in the image. I assume that we have a chance to continue the movement until the designated lines are broken.Continue Reading
USDJPY The currency pair is very good for long-term investing as shown in the chart. Today I will present two options that should be taken into account when planning transactions. There is no doubt that we have a new downward trend as the price has been falling for 2 weeks.Continue Reading
EURUSD As we can see, the currency pair has been in consolidation for 4 days. The designated area is held by investors so that the position can be played within 50 pips. Currently, we are waiting for the breakout of the marked area and then it will be possible toContinue Reading
Welcome to the new week. Time to take a look at the charts. Mondays like to surprise, but since the morning I do not enter into a transaction, but I observe the attitude of investors. Let’s start! Petroleum Petroleum still unchanged. It is still in consolidation and we are waitingContinue Reading
The British pound fell into a downward trend and it is likely that this month will be a deepening of this currency pair. I have written many times about a situation where the chance of breaking a level increases when the price tests it several times, this is what weContinue Reading
At the moment, the currency pair has stopped and is in a correction phase. I have marked two levels that can be decisive because breaking the upper level will open the way to an important resistance around 112. Breaking the marked support may open the way for a deeper correction,Continue Reading
After the long increases in the currency pair that lasted a month, we can see that investors have started to take profits and sell. It may also be due to the beginning of the month in which new contracts are executed. In the image, I marked the level with aContinue Reading
Hello after the long weekend. As I wrote last week, I start trading today, but as it happens after a long break, I am still a bit lazy. The British Pound is visibly rebounding back to an uptrend in which the price has been holding for a long time. Personally,Continue Reading
