Last news

USDJPY – a setup for the patient – 23.01.2020

USDJPY has been moving in an upward trend since September last year. After reaching the S/R 109.68 level, it turned several times to the south. It wasn't until January 13th that the level...

Purple Trading – a STP trusted broker

We invite to read the interview with Purple Trading’s CEO, David Varga. Purple Trading is a brokerage company working in full agency model (100%  Straight-Through Processing)...

GBPUSD – on the edge…data driven? 20.01.2020

I wrote about the GBPUSD pair exactly a week ago, suspecting that a familiar Head and Shoulders formation had formed on the day chart. The poor data from the UK was systematically...

EUR/GBP – awaiting the resistance breakout

The EUR/GBP pair quotations on the daily chart oscillate around the local resistance of 0.8580. The exchange rate has been recently falling dramatically and the appreciation of the pound was due...

The effects of an open FX market in China

The country has grown to be a superpower in just under a couple of decades and is now on almost equal competitive footing as the United States...

GBPUSD – is it a Head & Shoulders ? – 14.01.2020

The GBPUSD has returned to declines after euphoric increases due to the Conservative win in the UK parliamentary elections. Currently, after the turbulence related to uncertainty about the form and timing of...

GBPAUD – close to support of the channel – 13.01.2020

GBPAUD has been moving in the growth channel since 30 July last year. The distance between support and channel resistance is nearly 1000p, which is not surprising, as GBPAUD belongs to pairs...

Payrolls – important news for NZDCAD ?

NZDCAD - I analyzed this pair on January 2nd. I predicted declines when the price after breaking down from the bearish engulfing was heading towards the growth channel support. The support was...

Silver price (XAGUSD) gains from Iranian attack – 08.01.2020

As with gold, silver (XAGUSD) gained from the missile attack by Iran on American soldiers stationed in Iraq. Although much of the profits have already been wiped out, the price was...

Gold – new reasons for growth – 07.01.2019

The new year started off successfully for those with long positions in gold. In the second half of last year it seemed that the growth rally was weakening, and the reasons why...

USDJPY – bearish engulfing on channel support – 06.01.2020

The USDJPY pair has been moving in the ascending channel since August last year, from which it broke down during the first session of year 2020. The price, overcoming the support of...

When Theory meets Practice -NZDCAD 02-04.01.2020

Under the tag "When theory meets practice" we publish analyses of currency pairs, which we verify after a few days in terms of verifiability, and the basis for verification is a comparison...

NZDCAD – bearish engulfing on the daily chart – 02.01.2020

NZDCAD - bearish engulfing on the daily chart - 02.01.2020 Interestingly, the first session of this year on NZDCAD started. The last day of the past year ended with a large bearish...
nzdjpy

NZDJPY – attacking level of 73.00. Near to the trend line.

The New Zealand dollar's rate to the Japanese yen has been strengthening for 5 weeks. The increase in the current week has led the NZDJPY currency pair above the key resistance...

When Theory meets Practice – week 50/2019

The last full trading week of 2019 on the currency and raw materials market is over. I've analyzed several interesting currency pairs, including two without USD, the so-called crosses. The first pair...