EUR/GBP – bearish engulfing on Daily chart – 19.04.21

The pair of European currencies Euro and British Pound (EURGBP) has been moving in a downtrend since the beginning of this year. bearish engulfment...

GBPUSD – bullish engulfing on Daily chart – positive for pound- 13.04

As we know, the UK is leading in the number of citizens vaccinated against the covid-19 virus. With most restrictions lifted today, there was...

USDJPY – bearish divergence heralds correction – 07.04.2021

The USDJPY pair has been moving in a strong upward trend since the beginning of the year. On the last day of March, the...

CADJPY – bearish engulfing on the top – 22.03.2021

The currency pair CADJPY - the exchange rate of the Canadian dollar to the Japanese yen has been moving in an uptrend since March...

USDCAD – bullish outside bars on weekly and daily charts – 03.03.2021

The USDCAD pair has fallen over 2000p since the highs established a year ago. The past week ended with a nearly 300p upward candle that...

GOLD – a bullish correction due to engulfing pattern – 22.02.21

When analysing the GOLD price today, I decided to use two rather different methods of technical analysis. The first one is based on candlestick...

GBPCHF – hot at the top of the European currency pair – 14.02.21

Weekend is a good time to look at the weekly charts. The first week of February began with the breakout from the more than...

GBPUSD on a strong resistance 02.02.2021

After sharp declines in the first half of March 2020, the British pound is slowly but steadily gaining value against the US dollar. bearish...

GBPCHF – will the safe heaven drag the pair south? – 28.01

Yesterday's FOMC meeting and Jerome Powell's conference did not bring anything new to the Fed's monetary policy. The dollar has been strengthening slightly since...

EURJPY – a bearish divergence heralds declines – 25.01.2021

On Mondays, it is worth looking at the weekly charts and taking a look at the last few candles, as they can provide a...

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