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...

GBPUSD on a strong resistance 02.02.2021

After sharp declines in the first half of March 2020, the British pound is slowly but steadily gaining value against the US dollar. bearish...

Will there be a bullish correction on USD? – 11.01.2021

At the end of last week, after the Democrats gained an advantage in the US Senate, the US dollar gained to most currencies. Could...

The winners, losers and surprises of Forex markets – summary of 2020 ( part...

It has been a long and difficult year with many turbulences and changing conditions on the way. But here we are at the end,...

EURUSD close to confluence of supports – 10.12.2020

The EURUSD pair, after a period of strong increases ending with a maximum of 1.2176 this year, has started a downward correction between the...

USDCAD – a chance for a bullish correction – 11.11.2020

On Monday, information appeared about an effective vaccine for covid-19. Pfizer reported that tests carried out on the new vaccine indicate 90% effectiveness and...

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