GOLD (XAU) – bearish engulfing on the ATH, time for correction – 10.08.2020

The month of July was a record month for GOLD (XAU). The price of this precious metal rose from 1777 to 1982 dollars per...
GBP/USD Daily

GBPUSD – cable needs correction – 03.08.2020

The last session of July brought a fairly significant strengthening of the dollar against the other major world currencies. After a strong upward Thursday,...

EURGBP – target: confluence of support – 28.07.2020

The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...

NZDUSD – a time for a correction – 23.07.2020

The pair of the New Zealand dollar with the US dollar (NZDUSD) has recently moved in a strong upward trend. In March, as the stock...

GOLD, is this the moment? – 20.07.2020

GOLD, gold... this precious metal is increasingly being considered as an investment to protect our savings against inflation. The money printing used by most...

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...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

GBPJPY – two inside bars at important level – 08.06.2020

The GBPJPY pair has been moving in an upward trend for the last three weeks. On the daily chart, an Inside Bar formation is...

GBPUSD – break down from Inside Bar – 25.05.2020

It is beginning of the last week of May, a month that is definitely unfavourable for the British pound, during which a pair of...

USDJPY – bullish engulfing and a wedge – 11.05.2020

The USDJPY pair has been moving in a downward trend for 5 weeks, the quotes have taken the shape of a descending wedge. Usually...

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