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...

Purple Trading – a STP trusted broker

We invite to read the interview with Purple Trading’s CEO, David Varga. Purple Trading is a...

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...

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...

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