New Zealand is in better shape than expected. The data for this country are highly optimistic. The earlier correction was caused by the uncertainty that was spreading on all continents and we assumed that the hole would deepen. However, you can see that the optimism continues. The current scenario mayContinue Reading
In line with yesterday’s assumptions, the British pound followed the plan exactly as we had assumed. At the moment I am faced with a small dilemma. The currency pair made all the adjustments I expected. Unfortunately, the last one was at night and I wasn’t able to use it orContinue Reading
Due to the implementation of the EURUSD plan, the British pound has a chance to deepen the low along with the European currency. At the moment I am waiting for the breakout of support and I am starting to sell. Marked level in the image. There, I will see howContinue Reading
Europe is struggling with many problems. Vaccines are one reason because pharmaceutical companies are not bringing enough into the market by modernizing their factories. Additionally, restrictions introduced in many countries are endless. The defrosting of the economy is slower than expected. And an additional aspect is the deliberate lowering ofContinue Reading
The European currency is weakening throughout the session today. The morning look at the market did not give a clear signal to conclude a transaction (It is commonplace on the Forex market). There was no exit from the top, so a long position was not taken into account. The currencyContinue Reading
We are starting another week on the Forex and Stock Market. Last week was exciting due to the reddit scandal. This week we start with optimism. We will start the list with NZDCAD which initially gave a signal to sell, but breaking the price above the resistance level gave anContinue Reading
The Canadian currency has been weakening for some time against other currencies with which it is paired. This is optimistic news for the pair with the US dollar as we see a stronger reaction in the pair. The strengthening US dollar and the weakening Canadian dollar created a strong moveContinue Reading
The European currency has been under pressure from the leaders of the European Union for 3 weeks, who have noticed that the currency is too strong. The policy of many countries at some point begins to change to bring the greatest benefits. At the same time, we see a strongerContinue Reading
The British Pound is not under pressure from other currencies. it is difficult to look for a typical correlation as with some currency pairs. When we observe that the pairs with which the pound was moving evenly a few months ago, today you can see that the price of theContinue Reading
I described the situation of the US dollar in a few words while analyzing the EURUSD. It looks interesting if you look at the constantly weakening currency when the economy strengthens and the stock indices (SP500) are reaching new heights … The level at which the currency pair stopped isContinue Reading
