Market awaiting US inflation and ECB decision

This week the market is waiting for two important events. The first ( Wednesday 2:30 pm) is the level of inflation in the US,...

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...

EURUSD – slight signs of optimism before the European Central Bank rate decision on...

The Jackson Hole symposium concluded on Saturday. The meeting of central bankers lasted from Thursday to Saturday, but the most important speech was scheduled...

EURUSD – close to important level – 21.11.2019

EURUSD - on the chart of quotations of this pair we can mark several important levels of support...

Bearish engulfing patterns on EUR pairs

Today, the formations of engulfing-outside bars appeared on several currency pairs. On EURUSD and EURCAD these are bearish engulfings suggesting the end of an...

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...

EURUSD – return to parity?

Today we had the opportunity to listen to a speech by the President of the European Central Bank, Ms Lagarde. The ECB President reaffirmed...

EURUSD – bullish engulfing on Daily chart – 02.12.2019

EURUSD has been consolidating between levels 1.1175 and 1.0985 for nearly 2 months. Last Friday, on 29.11, the daily candle covered...

EURUSD on the way to 1.1050. Thanksgiving Day on Thursday will slow the market.

From July to the end of September, the EURUSD pair moved in a downward trend, with the euro losing nearly 8% against the dollar....

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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