USDCAD – a possible downward correction

The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...

GBPJPG – bearish outside bar and divergence can initiate declines

The pair of the pound with the Japanese yen (GBP/JPY) since the beginning of March moved in a strong uptrend (+1700p) interrupted by one...

AUDNZD – commodity currency pair returns to trendline

When analysing the foreign exchange market, we see some informal yet frequent classifications. One of the most common is the classification by trading volume,...

EUR/GBP – rates up pound down, but time for a correction.

Last Thursday the BoE raised interest rates by 25bp and set them at 1%. Given that interest rates in the Eurozone are still negative...

A week of central banks and monetary decisions in Australia, the US and the...

It promises to be an interesting week. Starting Tuesday and ending Friday the economic calendar is filled with important macroeconomic events. Australia, USA, UK...

CHFJPY – breaking out from an inside bar could herald more declines

Last week, or more precisely 19.04, the exchange rate of the pair of Swiss franc to Japanese yen reached the level of 136.20 setting...

Commodity currencies on an upward wave – AUD is doing well

Commodity prices have been at levels not seen for a long time. The beneficiaries of these high prices are countries for which exports of...

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...

EURPLN – possible appreciation of the polish zloty, NBP announces higher interest rates

At the beginning of March (07.03) this year the EUR/PLN exchange rate reached 5 PLN for 1 EUR. The last time the exchange rate...

Despite gains, GOLD still undervalued

The Russian invasion of Ukraine has triggered a sharp rise in the prices of agricultural commodities, energy commodities and base metals. Sanctions imposed by...

GOOD TO KNOW!

RECENT ARTICLES