The New Zealand dollar currency pair with the Canadian dollar is in a strong uptrend. The current price broke the resistance zone level which was quite significant as the first time investors were too weak and the price fell for almost a month and a half. Currently, if there isContinue Reading
The Swiss currency, despite the weakening dollar, turns out to be even weaker. Long-term strengthening is in the initial phase of the currency pair trend reversal, which was signaled by the earlier oRGR. At the moment, I have marked on the painting the place where I will expect a reflection.Continue Reading
Just like 2 days ago, the European currency and the US dollar formed a triangle. Currently, it is at its lower limit, which is on the support. During the last analysis, the price had some turbulence, first a strong exit from the bottom, and then a strong return and aContinue Reading
The dollar-franc currency pair moves more dynamically breaking support and resistance, so individual investors have more reasons to complain that the broker is deliberately breaking their SL hedging orders. It should be noted that the currency pair has already made the last correction range shown in the image. At theContinue Reading
The Japanese currency clearly rebounded from the wedge that had formed over the last year. Currently, the price moves up quite strongly while creating a steeply sloping growth channel. Now we expect a rebound, and I will wait for a slowdown. A trend reversal usually has several conditions, one ofContinue Reading
Hello, another Monday morning. We immediately start with an overview of what can be seen on the charts. EURUSD H1 We see a triangle forming from which we have a chance to exit upwards. Continuing the upward movement would make sense and would confirm last week’s analysis. However, we doContinue Reading
The currency pair basically did what we drew a week ago. Due to the consolidation, I was not able to tell the exact direction, but I was expecting a trend line. The further fate of my perception of the direction depended on this level. At the moment, after the rebound,Continue Reading
The British Pound shows strength at every turn. Investors take no respite and keep squeezing the last pips from the rate. I myself wonder if the corrections are profit taking or deliberate price cuts in order to select more contracts at a better price. Currently, we expect bad data fromContinue Reading
The Canadian, in line with the assumptions and macro data, showed that it is possible to predict movements with accuracy to local corrections. But the last move was not what we expected, so we need to change our assumption a little. At the moment, we expect the afternoon’s data fromContinue Reading
The presented couple surprised me more than I expected. Two days ago I wrote that I was expecting an upward correction and I was not disappointed, however, I did not use all the movement that the market was offering because I did not fully believe in the strength of theContinue Reading
