The currency of New Zealand in pair to the Canadian dollar goes like a string. Currently, the first support is visible, which due to today’s data will probably be broken and the rate will reach the zone we have designated. A currency is characterized by the fact that it canContinue Reading
Yesterday I wrote about the Canadian currency and the fact that I will not trade it. I did not approach this chart because I was expecting the uncertainty that is taking place. Yesterday I assumed declines in this pair and as you can see the rate is going down. AContinue Reading
The British Pound made adjustments many times just to let investors choose the value at a better price. I wrote about it in December that I do not see the pound weakening for many reasons in the near future, and so far my expectations for this currency have not changed.Continue Reading
The price of the Euro against the US dollar made a correction, reaching the level of local resistance which breaks with the largest local correction. By marking the bottom line of the trend, we could determine the channel which, as we can see, kept the price that rebounded. Currently, weContinue Reading
The Canadian weakened significantly against the US Dollar, but unfortunately the investors did not manage to break the rate above the highest resistance I wrote about earlier. At yesterday’s session the rate corrected in terms of fawn growth, which does not indicate a willingness to continue the upward move. TheContinue Reading
As long as it does not break the designated zone (additional level marked with a small blue line), gold is still in a downward trend. Long position not earlier than after breaking this level and correction so as not to catch the force of the movement. Possible transactions in theContinue Reading
About 5 hours ago, Joe Biden announced that on Jan. 26 he had no plans to lift restrictions on visitors from the UK, EU and Brazil, as announced by Trump. After the release of the statement, the rate clearly strengthened. Personally, I don’t like the price movements caused by theContinue Reading
I do not know all data forecasts for this week yet, but you can already see that many currencies with the dollar have stopped or are in the correction phase. USDJPY has formed a triangle that can be seen easily from the time intervals H1 and H4. It is importantContinue Reading
The British pound is at an important level. Earlier I wrote about the fact that I am not sure about the rebound, and I do not know if I will play. The situation gave no sign of reflection. now we’re in an interesting place. I will assume a long positionContinue Reading
Welcome to another Monday morning. As every week, I start with a general market overview. Remember that today is a holiday in the USA (Martin Luther King Day). Last week was very successful, 95% correct. Today we are starting with XBR Crude Oil. You can see that the December analysisContinue Reading
