After the FED… USDCAD longs suggested

The eagerly awaited FOMC meeting is behind us. We learned yesterday the Fed's stance and its plans for monetary policy in the US. Higher inflation...

The pound is more attractive than the euro. The recovery in Britain is gaining...

  A faster economic rebound in the UK than in the Eurozone and an earlier move to less accommodative monetary policy suggests a greater upside...

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...

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...

GBPUSD – bullish engulfing on Daily chart – positive for pound- 13.04

As we know, the UK is leading in the number of citizens vaccinated against the covid-19 virus. With most restrictions lifted today, there was...

USDJPY – bearish divergence heralds correction – 07.04.2021

The USDJPY pair has been moving in a strong upward trend since the beginning of the year. On the last day of March, the...

USDCAD – bullish outside bars on weekly and daily charts – 03.03.2021

The USDCAD pair has fallen over 2000p since the highs established a year ago. The past week ended with a nearly 300p upward candle that...

EUR/USD with final target at 2018 highs, says Credit Suisse

The declines since the beginning of the year on EUR/USD are just a correction, according to Credit Suisse. A key resistance level in the region...

EURUSD with a bullish engulfing on daily chart – 08.02.2021

The EURUSD currency pair after establishing a minimum at the level of 1.0630 in March last year moved in an upward trend to reach...

EURUSD – on a strong support 1.20 – what now? – 04.02.21

The EURUSD pair at the beginning of January reached the level of 1.2350, establishing almost a 3-year maximum. From this level, the price steadily...

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