The volatile market is and does not always move at the same pace and with the same ranges. Sometimes this can be frustrating because expectations don’t follow reality. The British Pound, which has recently been characterized by long trends, is now moving much less. My view of the market canContinue Reading
Yesterday’s situation in the New Zealand currency caused a lot of surprise among individual investors. There were a lot of questions and posts on the Reddit forum about the long candle that temporarily weakened the New Zealand Dollar. In the case of the NZDCAD currency pair, the candle wick touchedContinue Reading
The currency pair of the US dollar with the Canadian dollar is still in a strong downward trend. Today we expect the announcement of macroeconomic data for the US, which analysts forecast as hawks. This situation may lead to the strengthening of the US dollar against the CAD. We seeContinue Reading
The pound currently in the correction phase causes a lot of disappointment among many investors that it is not going up. An interesting thing that repeats itself all the time. When the price moves up, you can still see the questions of when to include short items on Polish andContinue Reading
Several times I received suggestions and comments that an oRGR is formed on the EURUSD currency pair. In fact, as a fast move it could have been considered, but the main idea behind this pattern is to reverse the trend. The definition of the trend does not need to beContinue Reading
The dollar appreciates very intensively against all currencies. After showing the oRGR on the chart, we heralded a trend reversal, which in this case is dynamic and strong. At the moment, we are close to an important level that could trigger a correction. The level is so visible that itContinue Reading
Welcome to the Weekly Market Review. Today a lot of data is released in the world. This is an unusual situation because Mondays are those days of the week where data is usually not announced in such a large amount. USDJPY H4 we see that the price is near theContinue Reading
Yesterday’s target level has been reached. At the moment we are waiting for the entry of European capital and I expect further growth. The New Zealander is also strengthening in relation to other currencies, so it may be a signal to move on this currency pair. An additional argument isContinue Reading
On Monday I wrote about the level that was achieved yesterday. The intensity of the currency pair’s rebound surprised even me, but this is largely due to the strengthening of the US Dollar. All pairs with the dollar were shocked, as well as investors. Currently possible further move up. DespiteContinue Reading
After deliberate currency depreciation by the heads of European leaders, EURUSD is recovering. The monthly declines ended with an intense rebound which in its form outlined a possible oRGR pattern on the chart. I am writing that it is possible because the formation has to be completed in order toContinue Reading
