Commodity Markets: Predictions for 2021

As the world market continues to push forward in the wake of 2020's economic downturn, certain commodities are looking to bounce back in the...

EUR/GBP completes the correction. The price towards 0.87

The EUR/GBP pair is trading in a downtrend. The turn of the week brought a several-day correction, but this rebound did not have much...

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...

GBPCHF – will the safe heaven drag the pair south? – 28.01

Yesterday's FOMC meeting and Jerome Powell's conference did not bring anything new to the Fed's monetary policy. The dollar has been strengthening slightly since...

EURJPY – a bearish divergence heralds declines – 25.01.2021

On Mondays, it is worth looking at the weekly charts and taking a look at the last few candles, as they can provide a...

GBP/CAD – once again at the trend line

Yesterday's session was very important from the point of view of the Canadian currency. The country released several important data, which, however, did not...

AUDNZD – a bearish engulfing can signal an upcoming correction -20.01.2021

The currency pair AUDNZD in August last year established a maximum at the level of 1.1042 and since then has been moving in a...

Euro and British pound close to magic level – 13.01.2021

If we look at the chart of Europe's two most important currencies - the euro and the British pound - we can see that...

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