In the attached picture we can see that several countries have a holiday today. In such situations, I know from experience that market movements are either unnaturally large or very small. On days like today and on Monday, it remains outside the market and does not trade because it isContinue Reading
The European currency, despite seemingly good news, continues to weaken against the US dollar. In addition, the dollar grows stronger, which means that I expect the closest possible reflection in the place marked in the image. He writes that seemingly good information because you can see the problems of someContinue Reading
The British Pound, despite good forecasts, turned out to be weaker in relation to the US Dollar. You can see a weakening currency position, but we should expect a downward correction because once investors had to start taking profits. Today we are waiting for the morning data for England and,Continue Reading
The currency pair is under pressure at the moment. On the one hand, there is a strong downward trend that has not been negated yet, but it is getting closer because balancing on the border of the wedge falling from the Daily Interval takes longer and longer than before. TheContinue Reading
The British Pound paired with the US Dollar reached the trend line we set and reacted with a correction. You are currently between two levels that can show the direction when price breaks through which of them. After the start of the European session, I will look for a placeContinue Reading
Welcome to the next Monday overview of what is happening on the market. We are now after daylight saving time. I look forward to only one time left and no need to remember to reset the watch. Today we start with the USDCAD currency pair. You can see that theContinue Reading
The currency pair for today should be falling as the forecasted data for the USD are weak. In line with the main trend, the pair should continue to decline further in this case. However, until we break the local support that coincides with the trend line, it is possible toContinue Reading
The dollar pairs with the Japanese yen and we see another attempt to break through the resistance. I assume that each subsequent attempt to breach a certain level weakens it and gives it a greater chance of breaking. In this case, I also think so and personally I would notContinue Reading
I have been waiting for this level for several days and now we are in a place where the price has a chance to react. Additionally, today a lot of data, forecasts for the US dollar are pessimistic. Personally, I am waiting for a reaction from European capital and afterContinue Reading
The currency pair moves predictably in the downturn. For a long time, you can place a position basing mainly on designated lines. Now we also adopt such a rule and wait for the price to hit the designated level and react by giving a signal to enter a short position.Continue Reading
