GBPUSD – a bearish engulfing on the top of a bullish swing
The British pound/US dollar (GBPUSD) pair set an all-time low at 1.0365 at the end of September last year. Since then, the pair has...
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...
EURUSD – bullish engulfing patterns herald growth
The EURUSD pair from the beginning of 2021 was moving in a downtrend. After a decline of more than 2,800 pips, the pair reached...
The best assets to invest in with the upcoming recession: five recommendations
The global economy is facing a period of uncertainty due to the recession, with businesses and investors having to adjust their strategies accordingly. The...
A week of important data is coming up, will it be a Hitchcock-like experience?
Few major events on the economic calendar today, with most instruments moving in a narrow consolidation. However, this is just the stillness before the...
GOLD falls, bearish engulfing pattern on daily chart
Last Friday, we learned about data from the US labour market. The US economy added a net 263,000 jobs in November, well above market...
EURUSD – return to parity?
Today we had the opportunity to listen to a speech by the President of the European Central Bank, Ms Lagarde. The ECB President reaffirmed...
Scalping on a Range Bar chart using Bollinger, MACD and SD zones – a...
A Range Bar Chart (RB) is a specific chart that depends on the price change and is independent of the time at...
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...
GOLD- Central Banks buy more and more
Last week we had two major events on the economic calendar. The first was undoubtedly the FED's decision to raise interest rates to 4%....
