Monday market review

Welcome to the last Monday of this month. Today I keep an eye on quick currency analyzes. In fact, there are many similar signals, and I will cover them very briefly. There is no frenzy in terms of the macroeconomic data for this week, but expect some uncontrolled price movementsContinue Reading

Monday market review

EURUSD Welcome. We start quickly with the currency pair that is most often played by individual investors. The trend is unquestionable and it looks like it won’t end as soon as everyone would have expected. If someone enters a transaction without securing orders, he is now probably paying extra toContinue Reading

EURUSD As you can see, the currency is after the first stronger rebound and there is a chance for a stronger correction. Usually, after a long strong movement of the price of an instrument, a similar rebound occurs. Looking at the volume at the low level, you can also seeContinue Reading

Monday market review

Welcome. I go through the charts and you don’t see much at first glance. Often, after the weekend, you have to wait to see “this” direction. DAX40 Daily R3 16180Daily R2 16150Daily R1 16120Daily PP 16090Daily S1 16060Daily S2 16030Daily S3 16000 The German index was falling throughout the AsianContinue Reading

CHF and CAD Yesterday I wrote about the strengthening of the US dollar, and today we are able to observe the effect of yesterday’s strengthening in many currency pairs. For a week now, I have been showing where we are on the chart and that we are waiting for anContinue Reading

USDCAD The movement that we are observing has already been going on for two weeks. Looking at the scale, investors do not really know if this rebound is certain. Today’s data for both the US and Canadian dollars indicate an increase in the currency pair in question. However, as weContinue Reading

EURUSD The European currency in tandem with the US dollar continues to stay above the local trend line and below the main trend line. Only breaking the support shown at the bottom will give us an open path to further declines, but until then we remain positive about further gains.Continue Reading