The euro against the dollar, despite corrections, still marks a new, higher local peak. Yesterday the rate stopped at support and the Asian session clearly broke the rate in line with the higher-order trend that has prevailed since last May. At the moment we are waiting for the break ofContinue Reading
The Canadian behaved exactly as we assumed. Although it may have gone a bit lower, according to the Monday market review, I mentioned a real chance for a rebound. This currency is characterized by repeatability of behavior that can be noticed with longer observation. Currently, I expect a decline toContinue Reading
Welcome to the new year. As you may have noticed, entries do not appear on holidays. Basically, the content is supplemented all the time, but not market news, etc. I hope that the holidays went on peacefully and that the new year started with an enthusiasm and optimistic outlook onContinue Reading
Yesterday I wrote that there was no fulfillment of the assumed scenario, so we could not take any option into account yet. Today it is clear that the assumptions have already been fulfilled and there was a lot of room to enter the positions. There was an overbound in theContinue Reading
You can see the evident strength of the Swiss currency which gives time for technical adjustments and continues to move in its direction. We are currently seeing a rebound from the trend line and a continuation of the downward movement. After breaking the upward trend line, the currency reached localContinue Reading
The Canadian has now come to an interesting place because the upward correction was quite intense, but as I wrote earlier, this currency pair is characterized by a slightly different specificity of corrections. Corrections in USDCAD are stronger, as if more geared towards clearing hedging orders, and when almost touchingContinue Reading
The British Pound, despite the strong upward momentum, makes significant corrections that give many investors a headache. At the moment it can be noticed that despite the upward correction, the price stopped for a moment and then began to slowly rebound from the locally designated fibo 61.8. The level isContinue Reading
As you can see, the European currency in relation to the US dollar does not make any specific moves that would allow for a more reliable transaction. Yesterday’s assumptions did not come true due to the lack of dynamics and strength to break through the designated levels. The resistance levels,Continue Reading
We are the first trading day after Christmas where the markets are back in operation. In fact, not every country has returned to trading today, but the Asian session on some instruments showed that this year may still surprise many investors. Personally, I do not expect a repeat from lastContinue Reading
Something for a much larger group of customers who focus on day trading or a method called scalping. Currently, the EURUSD chart shows a possible downward correction, rebounding again from the resistance. Additionally, it can be seen that the highs on the chart are progressing lower and lower, but thisContinue Reading
