USDCHF – a breakout from falling wedge can be a sign of a correction...

The last six months were not successful for the American dollar. Since mid-March, the dollar has been systematically losing to the Swiss franc (USDCHF),...

AUD/CAD – overcoming this trend line will bring further increases – 26.08.2020

The Australian dollar (AUD/CAD) rate has been steadily rising recently. However, the bullish momentum has expired and the quotations have changed direction. The downward...

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...

EUR/GBP – Response of demand on key support – 07.07.2020

The EUR/GBP exchange rate reflects from a clear support. The RSI indicator confirms the upward trend. The EUR/GBP pair has been corrected quite substantially and...

AUD/JPY – towards the support of the ascending wedge – 27.05.2020

The AUD/JPY pair has been moving in an upward, downward trend since early April. The quotations are in an easily recognizable formation - ascending wedge. Today,...

GBP/JPY – the pound’s exchange rate has returned to significant resistance – 26.05.2020

The direction of further movement of the quotations will depend on the result of the resistance test. The pound rate is moving in a downward...

EURUSD – two months in consolidation – 20.05.2020

EURUSD has been moving into a 220p consolidation range for nearly 2 months. Today the price has reached the upper limit of this consolidation which...

GBPUSD – continuation of declines, no deal Brexit possible… 18.05.2020

Quite often recently I've been analysing the British pound in relation to the American dollar, which is a pair of GBPUSD. This is due...

GBPUSD – the death cross, last nail in the coffin ? – 13.05.2020

On the first of April this year, a "death cross" appeared on the daily chart. I wrote about this phenomenon in my analysis on...

GBPUSD – two Head and Shoulders, death cross in the background – 29.04.2020

On the GBPUSD currency pair an interesting system of two Head and Shoulders patterns appeared. Although there is still a while to...

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