Can the BRICS be a threat to the dominance of the U.S. dollar?
The economic calendar on Monday looked empty.... but the next few days are already starting to look a little more attractive in terms of...
US Inflation report will have an impact on the forex market
Tomorrow we will learn the latest CPI report from the US, which will be the main event of the week. Higher-than-expected data, especially the...
What the central banks plan for the second half of 2023
We have entered the second half of 2023. Here is a brief overview of what the central banks of the world's major economies may...
NZDUSD – a possible correction
The pair of the New Zealand dollar with the US dollar (NZDUSD) has been moving in a downtrend interlaced with upward corrections since the...
Bitcoin, EURGBP and GOLD – worth watching in week 20 of 2023
As in the title, I was interested in three financial instruments earlier this week: BTC, EURGBP and Gold. Some interesting inside and outside bar...
EURJP, USDCAD, SILVER – interesting pairs this week 19/2023
The economic calendar this week (19/2023) is much less abundant with important economic events, but it is worth mentioning at least three that could...
GOLD – a bearish engulfing on the top heralds correction?
The start of this year has been kind to gold. Since November last year when a triple bottom formation appeared at $1615/oz, the price...
GOLD falls, bearish engulfing pattern on daily chart
Last Friday, we learned about data from the US labour market. The US economy added a net 263,000 jobs in November, well above market...
Gold may cheapen this week – there are fundamental and technical reasons
Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...
GOLD- Central Banks buy more and more
Last week we had two major events on the economic calendar. The first was undoubtedly the FED's decision to raise interest rates to 4%....
