GOLD- broken trend line – 20.04.2020
GOLD - last week ended with a strong accent, the price broke the local trend line and ended Friday's quotation at 1681...
EURNZD – a descending wedge on support – 13.07.2020
Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...
Opportunity for bears on DAX
If you look at the major stock indices, the DAX has been catching the eye of technically recently.
From the perspective of the weekly chart,...
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...
Is the Aussie going to have a good week?
As I study the charts in preparation for the week of 14 June, the fact that the last week was good for the USD...
BoC forecasts: inflation concerns, end to QE in current form
The Bank of Canada (BoC) will announce its monetary policy decisions at 3pm, and as we approach publication time, here are economists' and major...
EURJPY – head and shoulders formation and re-test of the neck line herald a...
The pair EURJPY from the beginning of March to mid-April, that is almost 7 weeks moved in a strong upward trend. The main factor...
GOLD – a bearish engulfing on the top heralds correction?
The start of this year has been kind to gold. Since November last year when a triple bottom formation appeared at $1615/oz, the price...
The Central Banks week. 39/2023
This week can be called the week of central bank decisions. The Fed will be the first to reveal what plans it has for...
NZD/CHF is changing the trend! Potential for up to 170 pips of drops –...
Looking at the quotations of the NZD/CHF currency pair, we can see that the market has been moving north since the second half of...