Monday probably surprised many people. The surprise appears even though we knew earlier that there would be restrictions before Christmas. We knew that the bans in various countries would be stricter and the markets would react to it. So the UK, despite vaccination, will introduce greater restrictions because a newContinue Reading
We have been assuming strong growth for several days and we still do so. The euro is currently in a place where large orders in both directions can meet. On the one hand, strong resistance that encourages investments to reverse the trend that is supported by information about the coronavirusContinue Reading
Swiss Currency Extremely Strong During today’s Asian session, the USD / CHF pair shows mixed dynamics, still close to the record lows of January 2015. Investors do not rush to open new trading positions awaiting the publication of the results of the 2-day Fed meeting, which will be released aContinue Reading
A few days ago, I wrote about the possible range of the US Dollar to the Canadian Dollar. The target remains valid all the time, but it is worth mentioning a condition that may decide about a change in the rate and a possible larger upward correction. The marked horizontalContinue Reading
Yesterday’s assumptions and market movement directly confirmed the legitimacy of using several factors of reading the chart. This translated into the fact that now the course went beyond the canal over the top. Currently, we are close to resistance, but it is possible that it will be broken. today’s dayContinue Reading
The main currency of the euro zone after strong gains rebounded from the resistance zone and is slowly going down. We stick to the rule that if the rate bounces from a certain level for the third time, devils, etc., it means that investors are constantly trying to break through,Continue Reading
Currently, the British Pound does not have a specific direction. Asia almost did not move the price, which caused the chart to flatten due to this session. It should be noted that despite yesterday’s exit from the channel, the rate returned and stopped on support from the previously designated zone.Continue Reading
A few images from Monday morning. Last week surprised us a lot due to the volatility much higher than at the beginning of the week. EURUSD H1 retest to the channel line and rebound, giving a positive impulse to the direction Petroleum OIL. On Wednesday, expected macroeconomic data with littleContinue Reading
In line with yesterday’s assumptions, the price of the European currency against the US dollar has broken the channel and is following the designated levels. There is a strong resistance zone ahead of us, where the rate has already stopped once and made a downward correction. This level may beContinue Reading
We assume a further downward move due to macroeconomic data to be announced for the British Pound at 8:00 AM. Due to expectations of deterioration of England’s situation, the rate after yesterday’s stronger break, which I presented giving the exact level, rebounded back to the downward trend. Asia in theContinue Reading
