GOLD – a bearish engulfing on the top heralds correction?

The start of this year has been kind to gold. Since November last year when a triple bottom formation appeared at $1615/oz, the price...

EURUSD – bullish engulfing patterns herald growth

  The EURUSD pair from the beginning of 2021 was moving in a downtrend. After a decline of more than 2,800 pips, the pair reached...

EURUSD – return to parity?

Today we had the opportunity to listen to a speech by the President of the European Central Bank, Ms Lagarde. The ECB President reaffirmed...

Gold may cheapen this week – there are fundamental and technical reasons

Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...

GOLD- Central Banks buy more and more

Last week we had two major events on the economic calendar. The first was undoubtedly the FED's decision to raise interest rates to 4%....

GBPCHF – will it return to the main downward trend?

This week we have had two major events on the economic calendar The first is, of course, the FOMC meeting and the Fed's decision...

GOLD and Yen will get stronger – FED rate decision on Wednesday

I analysed Gold at the end of October, a week has passed since then and my prediction that we are witnessing a correction of...

GOLD in a correction, third time lucky?

Gold quotations peaked this year on 8 March. Two weeks after Russia's attack on Ukraine, the gold price started to fall quite intensively. Last...

USDCAD – bearish engulfing and inside bar on the top of the year

The USDCAD currency pair has been moving in an upward channel with a range of about 600 pips for over a year. In mid-September,...

USDJPY – bearish engulfing pattern on H4

Today's Asian session brought statements from several important officials in charge of Japan's finances. Japanese officials spoke on oil, gas, border control and of...

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