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%....
GOLD and Yen will get stronger – FED rate decision on Wednesday
I analysed Gold at the end of October, a week has passed since then and my prediction that we are witnessing a correction of...
GOLD in a correction, third time lucky?
Gold quotations peaked this year on 8 March. Two weeks after Russia's attack on Ukraine, the gold price started to fall quite intensively. Last...
