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...
GOLD in a correction, bullish engulfing on daily chart
Two weeks after Russia's attack on Ukraine, gold prices reached the maximum of the year. Starting on March 8, the gold price began to...
USD/JPY – can verbal interventions strengthen the Japanese currency?
The currency pair (USD/JPY) of the U.S. dollar and the yen has been moving in an upward trend since early 2021. During this period,...
EURUSD – slight signs of optimism before the European Central Bank rate decision on...
The Jackson Hole symposium concluded on Saturday. The meeting of central bankers lasted from Thursday to Saturday, but the most important speech was scheduled...
EURNZD day before the RBNZ interest rate decision
Tomorrow morning at 4 o'clock we will learn the decision and level of interest rates in New Zealand. Interest rates in New Zealand are...
This Wednesday can be crucial for SP500 index
Every trader, even not very advanced, knows that there are two important events on the economic calendar that require special attention because they have...
Will GOLD shine again ? The FED week.
The second quarter of this year was not kind to Gold. After setting a peak at $2070/oz in March, the price fell to $1680/oz...
21st of June Bank of Japan rate decision – Will the threat of inflation...
On Thursday 21st July, the economic calendar two important events are likely to trigger increased volatility on the EUR and JPY currency pairs. Early...
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...
