GBPUSD According to recent analyzes, the British pound has reached its designated level. Currently, I am waiting for the place I indicated in the image and there I will probably be looking for a place to enter the long position. Currently, I am also not sure if the currency pairContinue Reading

USA and Canada Today we have a day when unexpected price jumps by several dozen or even several hundred points must be included in the risk that we will bear when trading. The images below show what the market expects. From the morning of the European time data for GreatContinue Reading

GBPUSD The first positive signal of the currency pair is behind us. I admit that I waited a long time for this breakout, and there was a lot of “BE” along the way. At the moment, the market is running smoothly with a low time interval, which I personally doContinue Reading

Monday market review

USDCAD You can see a growing weakening of the US dollar, fueled by macroeconomic data. The review of data for the current week indicates a whole week of lack of optimism. Currently, the pair chart shows a downward signal, which may end in a stronger move. Breaking the support confirmsContinue Reading

GBPUSD The range of movement of the British pound against the US dollar is diminishing. You can see the resulting wedge approaching solution. You can see the main trendline will lead in the downtrend, and the lower local line which is tightening the pattern. Until yesterday, I was convinced ofContinue Reading

Monday market review

DAX40 We start with the German index. The chart has calmed down a lot, and it won’t stay that long as the market doesn’t like places where things remain “unexplained”. You can see that the current consolidation seems to start to narrow a little. We are waiting for a strongContinue Reading

NZDJPY After an intensive correction, the first signal for a possible rebound, or if you prefer, a continuation of the main trend, appeared. In the picture I showed how I see it. There are two arrows because the specificity of the currency pair in question has repeatedly shown that theContinue Reading

GBPUSD Looking at the chart, I wonder what to expect in the coming months. There are two options. I introduced one of them a few weeks ago when I was discussing the British pound, and this is a further sharp decline. Such behavior of investors will repeat the situation fromContinue Reading