Monday market review

We are starting another week on the Forex and Stock Market. Last week was exciting due to the reddit scandal. This week we start with optimism. We will start the list with NZDCAD which initially gave a signal to sell, but breaking the price above the resistance level gave anContinue Reading

I don’t like analyzing charts at the end of the day. Asia tends to be less volatile and the price changes are not as significant as during the European and American sessions. However, this time I see a clear gold channel worth showing. Today’s FED only confirmed the strong positionContinue Reading

Monday market review

Last week had moments where he was able to surprise. There was no impact of macroeconomic data as we would expect. The swearing-in of Joe Biden has already largely been priced into the financial value. Crude oil prices (despite the significant difference between the forecast and the reading) did notContinue Reading

Silver moves in the same way as gold. It can be said that it is gold that leads the silver, and it is often seen that the movements first occur in gold and then silver follows. Sometimes there are differences, but ultimately everything coincides. Both silver and evil are atContinue Reading

GOLD has reached the expected price level, breaking it may open the way to further increases. We are on the way to a small correction and breakout of the resistance zone that I am waiting for. The zone where the rate reacted several times (the one with the same blueContinue Reading

Monday market review

Welcome to another Monday morning. As every week, I start with a general market overview. Remember that today is a holiday in the USA (Martin Luther King Day). Last week was very successful, 95% correct. Today we are starting with XBR Crude Oil. You can see that the December analysisContinue Reading

In 3 days, gold collapsed 40-day increases, which is a dynamic correction. The saying goes: “The bulls are climbing the stairs and the teddy bears are jumping from the windows.” This means we often see a slow strengthening of the trading value and dynamic declines that cause panic. Despite theContinue Reading