„Search, analyze, trade” – EUR/USD, EUR/AUD, GBP/JPY, AUD/JPY, EUR/JPY

Welcome to weekly market overwiev, where we look for Price Action patterns and/or use Elliott Wave Theory. You can read more about Elliott Waves here EUR/USD Pair...

EUR/GBP – bearish engulfing on daily chart

The beginning of the second week of June did not provide much excitement, volatility was low. Perhaps, at least to some extent, this was...

GBPUSD – in the Important Demand Zone – 16/08/18

GBPUSD - Since April when the pair reached the maximum of this year at 1.4375, we see declines. Last week quotations left the descending...

Price Action Formations – Bearish Engulfing

When trading on the Forex market, we make decisions based on price action. In order to open the appropriate order, we look at the...

USDJPY – will JPY get stronger?

Since the beginning of this year, the USDJPY currency pair has been moving in an uptrend in the form of an upward channel. July...

GBPUSD – can tomorrow’s CPI data push the pair higher?

Tomorrow (Thursday 23.03) the UK CPI inflation report will be published, which is forecast to be 6% for main figures and 5% for core...

Price Action Daily Setups – AUDUSD, EURAUD, EURUSD, USDJPY – May 4th

AUD/USD If you are interested in Price Action Strategy description, you can read it here. Yesterday we saw a stronger USD appreciation. Aussie fell and stopped...

EURUSD – awaiting the ECB meeting – 10.09.2020

Tomorrow the ECB will hold a meeting, we will find out if there will be a change in monetary policy under the leadership of...

EURAUD – a Head & Shoulders formation on the daily chart – 22.12.2020

The chart for the EURAUD currency pair has a rather unusual shape. In March, when the global pandemic caused by the covid-19 virus started,...

Price Action Daily Setups – AUDJPY, EURUSD, GBPCHF, NZDUSD, USDCHF, USDJPY – February 9th

No positions yesterday, however I opened one pending order. A lot of emotions on the market because main indices are close to collapse. We...

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