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...
USDJPY – Head & Shoulders completed , neck line broken – 14.04.2020
I wrote about the USDJPY last week on 07.04 in the article: "Will there be H&S ?" Today's day answered this...
GBPUSD -Death Cross on daily chart – 08.04.2020
The most frequently used indicators of technical analysis include moving averages. There are several types to choose from, depending on the calculation...
When Theory meets Practice – week 12/2020 – Technical approach to volatile markets
Writing Monday's (16.03) analysis I asked myself if, in such changing fundamental conditions, analyzing charts on the basis of Technical Analysis makes...















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