Important day for EUR and USD – ECB rate decision and CPI in USA

A quick glance at the economic calendar reveals that the forex market may be waking up a recently dormant market. Volatility fell to levels...

Platinum on a channel support

While Gold had been rising, Platinum has been on a decline recently. It did make a multi-year high on 16 Feb but fell...

GOLD will be the King ? 01.06.21

In August 2020, the gold price reached an all-time high at US$2076/oz. Since then, we have seen systematic declines separated by upward corrections. gold breaks...

XAUUSD – on a clear path to $2,000 24 May, 2021

After forming a base ( double bottom ) on 30 March, gold began its journey to recover previous highs. Until now it has...

XAUUSD – there is a method to this bullish run 😊 week of 17...

This pair has been mostly bullish since end of March if you look at the big picture. It is not the typical strong move...

USDCAD – pin bar on a Double Top neck line

Since the beginning of May 2015, the USDCAD - US dollar-Canadian dollar pair, after a short correction, headed north to set an all-time maximum...

What are the main differences between major financial markets?

A stock market is a gathering place where people interact with the aim of purchasing and selling products or services. The exchange rates, on...

GBPCHF – a bullish engulfing pattern on daily chart

The pair of European currencies GBPCHF - British pound vs Swiss franc has been moving in an uptrend since the beginning of the year. ...

EURNZD – a monthly consolidation, what now? 28.04.2021

EURNZD - Such an idea for the days ahead... price in consolidation in second half of April. Before the price was moving in a...

AUDUSD – a head and shoulders pattern on confluence of supports – 22.04.2021

The pair of the Australian dollar with the US dollar (AUDUSD) at the end of February established the maximum of this year. large and...

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