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 now on almost equal competitive footing as the United States of America. However, thankfully for most financial markets, the Chinese...
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...
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 the profits have already been wiped out, the price was now above 18 dollars per ounce and tested the key...
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...
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 day of the past year ended with a large bearish candle covering the previous day creating a bearish engulfing formation....
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...
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 is in progress and the price moves in a growth channel. At the beginning of December the price reached the...
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...
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 119.50
The quotations on the daily chart of the EUR/JPY pair look interesting. We are dealing with a growth channel and a positive pattern of dips and peaks. However, the recent upward momentum looks very weak and the price...
Dollar exchange rate (USDCHF) before the chance to increase. Outside bar on support.
The beginning of last week wasn't very kind to the dollar. During Monday and Tuesday's sessions there was a strong sell-off...
Four FX charts: USD weak but not yet breaking, AUDJPY and NOK.
John HardyHead of FX Strategy, SaxoGroup
Summary: The US dollar has traded on the weak side over the...
SP500 – Inside bar on Daily chart
The S&P500 index reached 3160p on 2nd of December - it was ATH. On the same day, there were quite sharp...
EURUSD – bullish engulfing on Daily chart – 02.12.2019
EURUSD has been consolidating between levels 1.1175 and 1.0985 for nearly 2 months. Last Friday, on 29.11, the daily candle covered the previous three levels creating a bullish engulfing formation. This candle formation is quite important as it was formed on...
GBPCHF – the pound to franc exchange rate rises to a six-month maximum. Growth...
The GBPCHF currency pair was moving through more than a month in consolidation, which took the form of...
GBPCAD – bearish pinbar on a daily chart – 26.11.2019
Since August this year, the GBPCAD pair has been moving in an upward trend and since setting the minimum level of 1.5850...
EURCAD – bearish Outside Bar – 25.11.2019
The Euro to Canadian dollar (EURCAD) exchange rate positively tested both the horizontal resistance and the upper limit of the channel yesterday....
EURUSD – close to important level – 21.11.2019
EURUSD - on the chart of quotations of this pair we can mark several important levels of support and resistance, which are quite accurately respected. The first one is 1.0985 from which the price bounced back 14.11 creating...
GBPUSD – good mood before elections – 19.11.2019
The GBP/USD quotations are interesting because they are influenced by two main topics that have for a long time dominated the currency...
You need to improve the trading plans
If you are
thinking about making profits without a trading plan, the business will not be
secured. The majority...
NZDUSD – in a consolidation but… 18.11.2019
Since October the NZDUSD quotations have been moving in an upward trend and have taken the shape of a channel. The price...
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...
The Forex Analysis Guide to more Accurate Trades.
Recently a friend got in touch and was keen to 'make it'. He was sick of being in the same dead-end job. He then...
