US Inflation report will have an impact on the forex market

Tomorrow we will learn the latest CPI report from the US, which will be the main event of the week. Higher-than-expected data, especially the...

USDCHF – false breakout from Inside Bar indicates declines – 30/04/2019

USDCHF - daily candle from 23.04 created Inside Bar formation, because for the next two days the quotations were not able to overcome its...

GBPJPY – 2in1 Inside Bar and Outside Bar – 16.08.2019

A very interesting formation has formed on the GBPJPY pair on the daily chart. Tuesday's larger and Wednesday's smaller daily candle formed the Inside...

EURUSD – close to important level – 21.11.2019

EURUSD - on the chart of quotations of this pair we can mark several important levels of support...

USDJPY – Head & Shoulders completed , neck line broken – 14.04.2020

I wrote about the USDJPY last week on 07.04 in the article: "Will there be H&S ?" Today's day answered this...

GBPNZD, GBPJPY – in the same direction? 21.09.2020

The GBP - the British pound seems to be under pressure recently, with the inevitable deadline for a trade agreement with the EU approaching....

EURUSD – on a strong support 1.20 – what now? – 04.02.21

The EURUSD pair at the beginning of January reached the level of 1.2350, establishing almost a 3-year maximum. From this level, the price steadily...

GOLD – can the price go down when we have a 6% inflation rate?...

We saw spectacular declines in gold in early August when the price fell from $1,833 to $1,680/oz (-$153) on 4 consecutive trading days. weak...

CHFJPY – breaking out from an inside bar could herald more declines

Last week, or more precisely 19.04, the exchange rate of the pair of Swiss franc to Japanese yen reached the level of 136.20 setting...

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...

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