USDCAD – bearish engulfing and inside bar on the top of the year

The USDCAD currency pair has been moving in an upward channel with a range of about 600 pips for over a year. In mid-September,...

USDJPY – bearish engulfing pattern on H4

Today's Asian session brought statements from several important officials in charge of Japan's finances. Japanese officials spoke on oil, gas, border control and of...

USD/JPY – can verbal interventions strengthen the Japanese currency?

The currency pair (USD/JPY) of the U.S. dollar and the yen has been moving in an upward trend since early 2021. During this period,...

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...

21st of June Bank of Japan rate decision – Will the threat of inflation...

On Thursday 21st July, the economic calendar two important events are likely to trigger increased volatility on the EUR and JPY currency pairs. Early...

USDJPY – the bad and the good side of a weakening yen for the...

This seems like a distant past, and it is so recent, just at the beginning of 2021 most developed economies were struggling with too...

USDCAD – a possible downward correction

The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...

GBPUSD – inverted Head and Shoulders signals upward correction.

The first quarter of this year has not been kind to the British pound, which lost more than 13% to the US dollar. However,...

A week of central banks and monetary decisions in Australia, the US and the...

It promises to be an interesting week. Starting Tuesday and ending Friday the economic calendar is filled with important macroeconomic events. Australia, USA, UK...

USDJPY – the weakening of the yen may continue for some time.

It has not been a successful year for the Japanese yen (JPY). Starting from January 2022, the Japanese currency has lost more than 10%...

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