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...
GBPUSD – a bearish engulfing on the top of a bullish swing
The British pound/US dollar (GBPUSD) pair set an all-time low at 1.0365 at the end of September last year. Since then, the pair has...
GBPUSD – Inside Bar 14/05/2018
GBPUSD - has been in an upward trend for over 1.5 years. Maximum from 25.01 and 17.04 formed on the chart around 1.4380 a...
“When theory meets practice” – week 09/2020
The event of the past week was undoubtedly a 50pb interest rate cut by the FED. This decision was surprising because it...
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...
GBPUSD – bullish outside bar on demand zone 29.11.2021
The pair British pound with the American dollar on the 1st of June established the maximum of the current year at the level of...
Major economic events of this week 35/2023
At a symposium in Jackson Hole, last Friday at 4:00 PM ET, Federal Reserve Chairman Jerome Powell during a speech reaffirmed the Fed's aim...
S&P500 – bearish engulfing heralds declines 03.02.2020
Last week I analysed the situation on the S&P500 index indicating the possibility of further declines after closing the bearish gap. The...
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...
GBPUSD – correction to a defeated triangle? 19.08.2020
The GBPUSD pair has been in a strong upward trend since early July. The target of demand seems to be a supply zone starting...