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How to earn without forecasting prices

Look at this chart and think about what to do now? Buy or sell? Do you already know what to do? If you know then you are very lucky. Most investors, including me, have absolutely...

Silver – correction to the nearest support

Recently, silver seems to be more and more resistant to falls. Although in recent days there has been a slight drop in prices, so far it looks like a pullback to the nearest support from...

Fibonacci and Wave Analysis – Similarities and Uses

When it comes to technical analysis in Forex trading, there are dozens of different indicators and methods of utilizing them. Among this lengthy list, we have two very famous ones: Fibonacci and Wave Analysis. The...

USDJPY – a breakout from consolidation and a chance for growth – 03.06.2020

Since the beginning of 2017 the USDJPY pair has been moving in a downward trend, which has taken the form of a 1100p high downward channel. The support of the channel connects the minimum...

AUD/JPY – towards the support of the ascending wedge – 27.05.2020

The AUD/JPY pair has been moving in an upward, downward trend since early April. The quotations are in an easily recognizable formation - ascending wedge. Today, after an attempt to overcome the resistance of the formation,...

GBP/JPY – the pound’s exchange rate has returned to significant resistance – 26.05.2020

The direction of further movement of the quotations will depend on the result of the resistance test. The pound rate is moving in a downward trend, as evidenced by the bottoms and heights forming at...

GBPUSD – break down from Inside Bar – 25.05.2020

It is beginning of the last week of May, a month that is definitely unfavourable for the British pound, during which a pair of GBPUSD has lost over 420p. I must admit that this is...

EURUSD – two months in consolidation – 20.05.2020

EURUSD has been moving into a 220p consolidation range for nearly 2 months. Today the price has reached the upper limit of this consolidation which range extends between 1.0765 (support) and 1.0990 (resistance). In the...

GBPUSD – continuation of declines, no deal Brexit possible… 18.05.2020

Quite often recently I've been analysing the British pound in relation to the American dollar, which is a pair of GBPUSD. This is due to the fact that there are quite clear formations there,...

FP Markets has been rated as the forex & CFD broker with the “​Best...

​FP Markets has been rated as the forex & CFD broker with the “​Best for ​Quality of Trade Execution 2019​” in the recently published Investment Trends 2019 Australia Leverage Trading Report.    FP Markets is...

GBPUSD – the death cross, last nail in the coffin ? – 13.05.2020

On the first of April this year, a "death cross" appeared on the daily chart. I wrote about this phenomenon in my analysis on April 8th. This is when the two averages intersect, i.e.,...

USDJPY – bullish engulfing and a wedge – 11.05.2020

The USDJPY pair has been moving in a downward trend for 5 weeks, the quotes have taken the shape of a descending wedge. Usually this formation is a form of accumulation, during which the...

AUDJPY – breaking out of an ascending wedge – 04.05.2020

  The AUDJPY pair has been moving in an upward trend for more than 6 weeks, which quite accurately respected the two diagonal lines that form the ascending wedge...

GBPUSD – two Head and Shoulders, death cross in the background – 29.04.2020

On the GBPUSD currency pair an interesting system of two Head and Shoulders patterns appeared. Although there is still a while to complete these formations, the completion of a smaller H&S will...

EURAUD – on the edge… 27.04.2020

EURAUD has been on an upward trend for the last 3 years. From January 2017 to mid-March 2020 the price increased by 5600p, although the biggest increases were recorded this year, they...