Welcome to the Weekly Market Review. Today a lot of data is released in the world. This is an unusual situation because Mondays are those days of the week where data is usually not announced in such a large amount. USDJPY H4 we see that the price is near theContinue Reading
Yesterday’s silver analysis came true faster than I expected. The traffic in the channel continued, so now we have an important dilemma. If someone is playing on rebound from the channel, he may risk going long. Why did I write to take a risk? Because as I wrote yesterday, theContinue Reading
Silver formed a channel that began to form at the beginning of the month. Investors still do not have a clear direction, although if the channel was broken down, the range of 24.2874 could be considered quite likely. This level is in line with the support and seems quite strong.Continue Reading
Gold basically hit the level I was waiting for. The European session will show the direction in which I will make a decision about my position. If I see that there is an upward pressure, I will wait for a correction and make a small position which I will ratherContinue Reading
Hello, another Monday morning. We immediately start with an overview of what can be seen on the charts. EURUSD H1 We see a triangle forming from which we have a chance to exit upwards. Continuing the upward movement would make sense and would confirm last week’s analysis. However, we doContinue Reading
Throughout the holiday in the US and Asia, you can see a decrease in daily volatility. In such situations, I prefer to stay out of the market, because entering by force is a sign of a lack of professionalism. There are instruments that give you a chance to use aContinue Reading
I have mixed feelings about gold. The trend is still declining, but investors have repeatedly proven that they are able to remove “weaker hands” from the market. This is how I currently assume a short position. After the start of the EU session, I will observe the market, if thereContinue Reading
Another week on the financial market is ahead of us. Larger market shares already happened at the beginning of the month. Currently, you do not see much on the charts, but we will try to analyze some of what the Asian session has brought. We start with silver H4. YouContinue Reading
Investors expected gold to behave differently. The reddit turmoil resulted in a slight price boost, but ultimately nothing bigger came out of it. As a long-term asset, gold remains in a downward trend. The wide channel that has been created is still respected. In the long term, I marked onContinue Reading
The action on the reddit portal gave a noticeable effect. This is not just a slight raise in price. The action resulted in the break of the last peak that was defended. Personally, I don’t know how to look at it, because there are two sides to the confusion. OnContinue Reading
