Dollar awaits US GDP and Japanese yen awaits BoJ decision

Last week was packed with economic events, but as we approach the end of the month, the year and especially the public holidays, activity...

GBPAUD – Will the wedge support withstand supply pressure? 28/03/2019

The lack of agreement between the government of Teresa May and the opposition as to the form of exit from the European Union results...

GBP/AUD is once again aiming at key support – 26.06.2019

The GBP/AUD currency pair price for most of this year move in a range with an upper limit of 1.8861 and a lower limit...

“When Theory meets Practice” week 39 – 06.10.2019

This week I analysed two currency pairs, the British pound and the New Zealand dollar in relation to the US dollar. In...

AUDUSD – inside bar on the 11-years minimum

The beginning of the year is not a successful one for the Australian dollar. Since December 30th it has lost to the...

EURNZD – a descending wedge on support – 13.07.2020

Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...

NZDUSD – outside bar on the top of the year – 24.11.2020

The New Zealand dollar in relation to the US dollar (NZD/USD) set the minimum on 15 March this year at 0.5470. Since then, it...

After the FED… USDCAD longs suggested

The eagerly awaited FOMC meeting is behind us. We learned yesterday the Fed's stance and its plans for monetary policy in the US. Higher inflation...

CHF/JPY – a bearish engulfing and a divergence

In the first days of January, the pair of the Swiss franc with the yen formed an inside bar formation. The price left the...

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...

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