The New Zealand currency, after a fairly strong slump, is in the upward correction phase. Why am I writing corrections? As you can see a strong break in the last lows and supports, we have a chance for a longer downward move. If you look at the one-day chart, youContinue Reading
The dollar in recent days has been gaining strength to such an extent that it has reached the designated resistance at which the price stopped. At the moment, a possible scenario for a correction with the range marked on the image next to the channel line. If we overcome theContinue Reading
The euro reacted to the slight weakening of the US dollar. We see a correction and we can expect a lot of uncertainty by 1.30 pm European time. A designated line can give you a chance to enter and earn a few pips. Personally, he does not trade when theContinue Reading
I considered the earlier declines of the currency pair as a temporary collapse due to high optimism among investors. The painted oRGR caused a different thinking from the one I assumed after the information from European bosses about the too strong Euro currency. At the moment you can see thatContinue Reading
The US dollar / Canadian dollar currency pair may show investors a slight turmoil today. Data for the US is forecasted for an improvement in the economic situation, which may eventually lead to a move beyond the resistance zone and the formation of the right side of the arm. AfterContinue Reading
The GBPUSD pair is consolidating so much that, even if I really wanted to, I don’t see an opportunity to enter even a small position. Personally, I don’t like such a market so I wait for the price to come out for the marked area from the second image. TheContinue Reading
Welcome to next week where we check what is happening on the charts. EURUSD H4 A currency pair that rebounded initially from the support, but Asia broke the price with practically one move. Currently, in the picture I have marked the support we are on. The price has reacted severalContinue Reading
The pounded British pound is now dominated by the dollar. This does not mean that there will be no further growth as the UK economy is one of the best performing in the world in all respects. The real estate prices themselves are so high that they make you dizzy.Continue Reading
The euro against the US dollar, just like other currency pairs, surprised investors yesterday. Everyone expected increases as if they had forgotten the speech of Powell, who is chairman of the US federal reserves. Until his appearance, the prices were clearly weakening the US dollar. Then there was a turningContinue Reading
Until yesterday, I saw chances for a rebound and strengthening of the US dollar against the Canadian dollar. Today we can see the weakness of the currency pair and after breaking the support, the stop will probably take place in the marked zone. In the case of another attempt toContinue Reading
