The British Pound has reached the point where I personally expect a reaction. I do not catch the top, so I am waiting for some correction that will announce a short position. If the descent is a stronger move, I am not going to force myself, then I will beContinue Reading
The European currency performed the plan in 100%, which I wrote about from almost the beginning of the correction. When EU leaders announced a currency that was too strong, I suspected that it would not be a drop by a few pips. The completed formation gave an ideal opportunity toContinue Reading
The British Pound is still climbing. Overnight, the Asian session pushed up the price relatively strongly. At the moment, the currency pair is on the border of the trend line following the recent highs of the H4 interval. Breaking this level will give us a further path to increases andContinue Reading
As I wrote earlier with the USDJPY currency pair, the uncertain situation in relation to the US dollar. There is a pattern in the USDCHF pair that we expect to fulfill. At the same time, we are aware that the weakening dollar may not be strong enough to sustain theContinue Reading
It promised to be a stronger rebound of currencies related to the US dollar. Unfortunately, when checking macroeconomic data, America does not surprise with anything. We took into account the current corrections, but with the idea that they will still be corrections, not continuations of higher order moves. We canContinue Reading
The currency pair made a false break from the channel we selected, but stopped at strong support. After returning to the channel, the price gave a chance to enter a long position. Price retest and rebound indicated a continuation of increases. The earlier plan is still in the game, butContinue Reading
Another week on the financial market is ahead of us. Larger market shares already happened at the beginning of the month. Currently, you do not see much on the charts, but we will try to analyze some of what the Asian session has brought. We start with silver H4. YouContinue Reading
I wrote about it yesterday that there was quite a lot of uncertainty in this currency pair. Today Friday and this uncertainty is definitely more and more noticeable due to the slowdown that took place before the afternoon’s data. Both countries today will announce data that have a significant impactContinue Reading
The Canadian dollar paired with the US dollar is not easy. The Canadian Economy Kept a steady standard of living for its citizens. The changes were so small that the strength of the country remained unchanged. The country is not very popular in the media, so what more could youContinue Reading
The British pound has been weakening recently against the stronger dollar. The US currency is gaining strength against almost all of its currency pairs. Personally, I am happy about it for several reasons, but not about that now ? GBPUSD broke another support that I wrote about yesterday. Yesterday’s assumptionsContinue Reading
