EURUSD – will the Head and Shoulders pattern send the pair to 1.1150?

Today 15 November, Monday, the first day of the week, so a good pretext to analyse the weekly charts. I took a closer look...

Commodity currencies on an upward wave – AUD is doing well

Commodity prices have been at levels not seen for a long time. The beneficiaries of these high prices are countries for which exports of...

Gold may cheapen this week – there are fundamental and technical reasons

Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...

FED, ECB, BoJ – what will the forex market look like after the interest...

This week we are facing three important macroeconomic events. The Federal Reserve will decide on interest rates in the US, and on Thursday we...

A Central Banks Week – BoJ, RBA, Fed, SNB, BoE

Important central policy decisions will take center stage this week, and there will be several. The major central banks - the BOJ, the RBA,...

Silver (XAG/USD) drew a bullish pin bar on support – 05/04/2019

The price of SILVER (XAG/USD) rebounded from the resistance around 15.50 and again turned to support at the level of 15 dollars per ounce....

AUDCAD – direction South? – 14.05.2019

The AUD/CAD pair quotations on the daily chart look very technical. Recently there has been a breakdown in the system of the increasing lows....

EURNZD – When the Bearish Engulfing and divergence go hand in hand – 19.06.2019

An interesting situation was created on the EURNZD chart. Yesterday's (18.06.06) daily candle created a Outside Bar - the Bearish Engulfing pattern, covering 4...

GBPUSD – bullish divergence gives hope for a growth correction – 05.08.2019

A week ago I wrote about GBPUSD indicating the breakout from the Inside Bar and the high probability of drops, which occurred as expected...

“When Theory meets Practice” week 38 – 29.09.2019

Last week I was analysing two currency pairs related to the British pound. Both pairs seemed to me to be the most...

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