Bearish engulfing patterns on EUR pairs

Today, the formations of engulfing-outside bars appeared on several currency pairs. On EURUSD and EURCAD these are bearish engulfings suggesting the end of an...

AUDCAD – divergence and Bullish Engulfing on daily chart – 11.07.2019

AUDCAD - after setting the maximum of the year at 0.9613 on 17.04, the pair moves in a downward trend. Yesterday's daily candle covered...

USDJPY – bearish engulfing on channel support – 06.01.2020

The USDJPY pair has been moving in the ascending channel since August last year, from which it broke down during the first...

EURAUD – breaking out from a inside bar pattern – 30.09.2020

Interesting situation on the EURAUD pair. The range of daily candle from 24.09 couldn't be breached for next two days, so an inside bar...

GOLD on support, will it be defended? 30.06.2021

The Gold price has been moving in a downtrend after setting an ATH (All-Time-High) of $2075/oz in August last year. Currently, it is at...

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...

EURNZD – a chance for a bullish swing

This week we are facing an important event for the financial world.On Wednesday at 18:00 GMT, the Fed will make a decision setting interest...

USDCHF – a possible correction , bearish engulfing on H4

Today on the economic calendar empties, but in the following days we can expect a recovery in the markets caused by events such as...

“When Theory Meets Practice” – Week 18th – 04/05/2019

The passing week, popularly known as the "long weekend", did not abound in important events in the country by the Vistula River because of...

GOLD – on the edge of bullish trend line – 16.09.2019

Last Monday (09.09) I analysed GOLD and the bearish engulfing pattern on weekly chart. The layout of weekly candles suggested drops that occurred at the...

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