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GOLD – bearish engulfing on daily chart – 19.09.2019

GOLD - this is the third time this month that the quotations of this precious metal attracted my attention. In Monday's analysis I focused on the  (red rectangle) which formed on the weekly chart, suggesting...

EUR/AUD – a return to growth from the trend line? – 18.09.2019

The Euro/AUD dollar exchange rate has recently struggled with a key resistance area of 1.6620. The result was a rebound that led the EUR/AUD exchange rate straight to the upward trend line. The daily chart...

EUR/JPY – is that the end of the September increase? – 17.09.2019

An interesting technical situation takes place on the EUR/JPY pair on the daily time scale. Since the beginning of March there has been a clear downward trend and the current correction movement is the...

GOLD – on the edge of bullish trend line – 16.09.2019

Last Monday (09.09) I analysed GOLD and the bearish engulfing pattern on weekly chart. The layout of weekly candles suggested drops that occurred at the end of the week and the price had already fallen...

Breakout from the “night channel” – an Example of a Simple Trading Strategy

Breakout from the “night channel” One of the more simple trading strategies is the so-called “breakout from the night channel”.This system works well for the currencies and futures markets. It works following the night hours,...

Now You Can Buy Bitcoin Using Apple Pay: Secure Transactions via Coin Wallet

Coin Wallet is known for being a great fit for privacy-concerned crypto users who are reluctant to share their personal data. This September, the project ramped things up a notch with the addition of...

NZDUSD – a bearish flag but possible bullish breakout ? – 11.09.2019

NZDUSD - popular "kiwi" is in the correction phase after more than 6 weeks of declines. Currently, the price is in the short-term consolidation, which has taken the form of a bearish flag. The...

The price of OIL.WTI rejects significant resistance! Time to return to the declines? –...

WTI's oil price has undergone a rather dynamic upward trend, which led the market yesterday to overcome a horizontal resistance level of US$56.90 and reached its highest level since the beginning of August 2019....

GOLD – bearish engulfing on weekly chart 09.09.2019

Monday is a good day for analysing weekly charts. Let's take a look at the GOLD chart, and what we can see is that last weekly candle has completely covered the previous one, creating...

“When Theory meets Practice” – week 35/2019

The first week of September showed that the holiday moods were already behind us, the volatility returned and there were signs of vitality both on the stock exchanges and on the forex market.The topic...

AUD/USD continues to make up for previous declines – 04.09.2019

The AUDUSD pair performs the assumed scenario by breaking through the resistance level in the zone 0.67450 USD. Further pair increases are expected with the aim of re-testing the peak. However, corrections to recent...

GBP/AUD – that’s the end of the August correction? – 03.09.2019

UK currency quotes have seen a renewed wave of depreciation in recent days. After weak economic readings, the topic of Brexit returned. We still have no new solutions to this issue, and there has...

NZDUSD – a correction after 6 weeks of declines ? – 02.09.2019

For the last 6 weeks NZDUSD has been moving in a strong downward trend. I wrote about this pair in the summary of the last week. On Friday, for the first time in a...

“When Theory Meets Practice” – week 34 – 31.08.2019

Summary of analyses from week 34/2019 This week was not very kind to my analysis, one turned out to be completely contradictory to what the market had done, the other only predicted the continuation of...

Wide View Strategy – WiViSt description

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is enter in transaction at the end of correction which is identified in strong trend (uptrend or downtrend). There are...