EUR/AUD – a return to growth from the trend line? – 18.09.2019
The Euro/AUD dollar exchange rate has recently struggled with a key resistance area of 1.6620. The result was a rebound that led the EUR/AUD...
EURCAD – bearish Outside Bar – 25.11.2019
The Euro to Canadian dollar (EURCAD) exchange rate positively tested both the horizontal resistance and the upper limit of the channel yesterday....
AUDUSD – will MACD validate the bullish engulfing pattern? 04.02.2020
AUDUSD has been moving in a downward trend for over two years and has lost over 1400p since 21.01.2018. On Monday the...
GBPUSD – break down from Inside Bar – 25.05.2020
It is beginning of the last week of May, a month that is definitely unfavourable for the British pound, during which a pair of...
EURGBP – target: confluence of support – 28.07.2020
The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...
USDJPY – bullish engulfing on daily chart – 01.11.2020
Since the end of March the USDJPY pair has been moving in a downward trend, but not a strong one.
After several days of declines...
GBPCHF – hot at the top of the European currency pair – 14.02.21
Weekend is a good time to look at the weekly charts. The first week of February began with the breakout from the more than...
GOLD – central banks will buy more gold , up to 520 tones
June's hawkish FOMC changed the dynamics of US yields and drove silver to a local low of $25.53. Since then, relative price stability has...
AUDJPY – a chance for continuation of the bullish correction 10.12.2021
Friday, 10 December. Another winter weekend is ahead of us, but before that we have important data at 14:30 - CPI, the level of...
EUR/GBP – rates up pound down, but time for a correction.
Last Thursday the BoE raised interest rates by 25bp and set them at 1%. Given that interest rates in the Eurozone are still negative...