AUDUSD – will MACD validate the bullish engulfing pattern? 04.02.2020
AUDUSD has been moving in a downward trend for over two years and has lost over 1400p since 21.01.2018. On Monday the pair set a minimum of this year, which today during the Asian session was deepened to 0.6677. At 4:30 am...
Blockchain Life 2020 welcomes 5000 participants and leading companies of the industry on April...
The biggest event on blockchain, cryptocurrencies, and mining in Europe is taking place at an innovative venue...
S&P500 – bearish engulfing heralds declines 03.02.2020
Last week I analysed the situation on the S&P500 index indicating the possibility of further declines after closing the bearish gap. The...
Higher Forex leverage and CFDs is the golden mean? The number of experienced investors...
More and more experienced clients on the market
The regulatory changes in recent years...
S&P500 – filling the bearish gap gives a signal for declines? – 30.01.2020
The S&P500 index, after many weeks of almost uninterrupted growth and the setting up successive ATHs, stopped at 3338. The daily candle of 17 January and another one formed an inside bar. The next few days were attempts to break...
GBPUSD – pair leaves bearish engulfing pattern – 28.01.2020
Since the beginning of the year the GBPUSD pair has been moving in a very unpredictable, even chaotic way. Last Friday we...
The exchange rate of the Canadian dollar (USDCAD) is weakening against greenback. Chance to...
The USDCAD exchange rate last week left consolidation thru the top , which took the form of an inside bar. Immediately...
USDJPY – a setup for the patient – 23.01.2020
USDJPY has been moving in an upward trend since September last year.
After reaching the S/R 109.68 level, it turned several times to...
We’re looking under the hood of the brokers. An interview with David Varga from Purple Trading
We invite to read the interview with Purple Trading’s CEO, David Varga. Purple Trading is a brokerage company working in full agency model (100% Straight-Through Processing) on Forex, indices, commodities and stocks. Purple Trading team has...
GBPUSD – on the edge…data driven? 20.01.2020
I wrote about the GBPUSD pair exactly a week ago, suspecting that a familiar Head and Shoulders formation had formed on the...
EUR/GBP – awaiting the resistance breakout
The EUR/GBP pair quotations on the daily chart oscillate around the local resistance of 0.8580. The exchange rate has been recently...
The effects of an open FX market in China
The country has grown to be a superpower in just under a couple of decades and is...
GBPUSD – is it a Head & Shoulders ? – 14.01.2020
The GBPUSD has returned to declines after euphoric increases due to the Conservative win in the UK parliamentary elections. Currently, after the turbulence related to uncertainty about the form and timing of leaving the EU (the deadline for leaving the EU was...
GBPAUD – close to support of the channel – 13.01.2020
GBPAUD has been moving in the growth channel since 30 July last year. The distance between support and channel resistance is nearly...
Payrolls – important news for NZDCAD ?
NZDCAD - I analyzed this pair on January 2nd. I predicted declines when the price after breaking down from the bearish engulfing...
Silver price (XAGUSD) gains from Iranian attack – 08.01.2020
As with gold, silver (XAGUSD) gained from the missile attack by Iran on American soldiers stationed in Iraq. Although much of...
Gold – new reasons for growth – 07.01.2019
The new year started off successfully for those with long positions in gold. In the second half of last year it seemed that the growth rally was weakening, and the reasons why gold would still be expensive were gone. The number one...
USDJPY – bearish engulfing on channel support – 06.01.2020
The USDJPY pair has been moving in the ascending channel since August last year, from which it broke down during the first...
When Theory meets Practice -NZDCAD 02-04.01.2020
Under the tag "When theory meets practice" we publish analyses of currency pairs, which we verify after a few days in terms...
NZDCAD – bearish engulfing on the daily chart – 02.01.2020
NZDCAD - bearish engulfing on the daily chart - 02.01.2020 Interestingly, the first session of this year on NZDCAD started. The last...
NZDJPY – attacking level of 73.00. Near to the trend line.
The New Zealand dollar's rate to the Japanese yen has been strengthening for 5 weeks. The increase in the current week has led the NZDJPY currency pair above the key resistance zone within 73.00. What is the scenario for the next...
When Theory meets Practice – week 50/2019
The last full trading week of 2019 on the currency and raw materials market is over. I've analyzed several interesting currency pairs,...
GBPNZD – a new trend? 19.12.2019
Recently, we have mentioned GBP/NZD several times in terms of the increases that would occur after a win, according to surveys, of...
NZDCAD – close to channel support – 18.12.2019
Since March NZDCAD pair has been moving in a downward trend, from which 19.11 there was a breakout. Since then the correction...
EURCHF – bearish outside bar on Weekly chart – 16.12.2019
The weekend is over, we can start preparing for the last full trading week of the year. I looked at the weekly chart of the EURCHF pair and noticed that there was a bearish outside bar formation. Although the name of the...
UK elections: A pound’s course with fluctuating forecasts: Increase to 1.35 or decrease to...
Today the long-awaited market event - the British Parliament elections will begin and end. Probably most of us...
USDCAD – what after USMCA? – 11.12.2019
The new trade agreement between the US-Mexico and Canada, USMCA, has been under discussion for a long time. Today it has become...
Analysis for newbies: EUR/JPY – in a bullish channel heads in the direction of...
The quotations on the daily chart of the EUR/JPY pair look interesting. We are dealing with a growth...
Scalping on a Range Bar chart using Bollinger, MACD and SD...
A Range Bar Chart (RB) is a specific chart that depends on the price change and is independent of the time...
What Are the Top Market Analyses Methods in Forex Trading?
What Are the Top Market
Analyses Methods in Forex Trading?
There are various methods traders usually use to analyze the...
Breakout from the “night channel” – an Example of a...
Breakout from the “night channel”
One of the more simple trading strategies is the so-called “breakout from the night channel”.This system works well for the...
