EURUSD The currency pair has been in such a strong trend for a month now that it seems unstoppable. When we look at the daily time frame chart, we can see that we are close to support from March 2020. This level is very obvious and due to the firstContinue Reading

EURUSD The title is quite telling, but I will describe the problem quickly. I do not like to trade when there is no specific signal for a possible trend reversal. This is the case here because yesterday we had a steady downward move so our benchmark today is only theContinue Reading

EURUSD The last analysis has not been completed and we are still in the downward trend. oRGR should be played only when the price breaks through the resistance, because only then we have formed a pattern. The present example is a perfect illustration of a situation where too much hasteContinue Reading

GBPUSD As you can see above, there is a lot of macroeconomic data today. Yesterday’s speech by Powell misled investors and initial gains were quickly reduced after the press conference. Today there will be a continuation of stronger movements in the market, and for us the data for Germany isContinue Reading

Monday market review

DAX40 Have you noticed that the German index has grown? Everyone who trades has probably already received a notification from their broker which companies have joined the index. According to the previous Monday market review, we are in the place we expected. Currently, we have a chance of a rebound,Continue Reading

USDCAD In the Canadian’s chart, we see an interesting thing. An upward triangle has formed which may be a signal for further growth. This is indicated by the designated resistance, which has already been tested 5 times, and I know that the more often the level is tested, the weakerContinue Reading

EURUSD A quick summary of the last downtrend consolidation. The earlier level determined was wrong as the price broke the level and stopped at the stronger level I marked in the image. Currently, we see the price decreasing all the time, which indicates a willingness to continue declines. I showedContinue Reading