„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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