Last news

How about trading futures ?

Futures Trading in Denmark Futures are contracts whereby there is an agreement to buy or sell an asset or underlying commodity at a future date. With this contract, there is a buyer and a seller. The...

AUDUSD – bullish engulfing on H4 – 21.10.2020

The Australian dollar was already the subject of my analysis this week -" EURAUD - 4 months in consolidation - 19.10.2020" I have already mentioned the possibility of breaking out of consolidation and weakening...

EURAUD – consolidation already takes 4 months, time to breakout ? – 20.10.2020

On Mondays I usually start my analysis with weekly charts and if something catches my eye, I move on to lower intervals looking for opportunities to open an order. This week the situation on...

NZDCAD – bullish engulfing and a divergence – 14.10.2020

This week will be marked by the EU summit and decisions on the trade agreement between the EU and the UK after its final exit from the EU. Trying to predict the movements of...

USDJPY – a descending wedge and a Inside Bar pattern – 12.10.2020

The USDJPY pair has been moving in an upward trend for the last three weeks and from 21.09 (104.00) to 08.10 (106.10) quotations increased by 210p. The last maximum was the third tangent point with...

GBPUSD – bearish engulfing pattern on daily chart – 07.10.2020

Yesterday evening's President Trump's tweeting in which he announced that he was holding talks with the Democrats on the stimulus package caused great volatility on the financial markets. Most of the financial instruments lost...

USDCAD – overbalance methodology… 05.10.2020

Looking today (Sunday, 05.10) through the charts of various instruments, I have not found any that would meet the assumptions of my strategy (PA+MACD) and clearly indicate the direction it will take in the...

Opportunity for bears on DAX

If you look at the major stock indices, the DAX has been catching the eye of technically recently.   From the perspective of the weekly chart, we can see the ending wedge breakout. Its credibility was...

EURAUD – breaking out from a inside bar pattern – 30.09.2020

Interesting situation on the EURAUD pair. The range of daily candle from 24.09 couldn't be breached for next two days, so an inside bar pattern was created. Today we observe attempts to break the...

GBPJPY – correction on demand zone – 27.09.2020

The GBPJPY pair was moving in a strong downward trend over the past month. From a maximum of 142.70 on 01.09 it fell by 970p, setting last Tuesday September's minimum at 133.00. Throughout the entire...

EURUSD – is the bullish engulfing a signal for correction? – – 23.09.2020

The first two days of the current week for the EURUSD pair have been falling, the exchange rate has dropped by nearly 150p. Today we can see an attempt to make up for the...

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. This agreement is to regulate the rules of trade between...

Auto Forex Trading Using Automated Trading Software

Auto Forex Trading Using Automated Trading Software The idea of using automated software in trading forex is a dream for most traders. Most traders prefer automated software programs to automatically enter and exit trades and...

The New Zealand dollar (NZD/USD) is growing by 0.57% and is at its highest...

The New Zealand dollar (NZD/USD) is growing by 0.57% and is at its highest level this year. For the time being, the market is calmly approaching the risk of another deterioration in US-China relations. The changes...

GOLD – Golden triangle , waiting for FED ? 15.09.2020

GOLD - Gold has been moving for 5 weeks in consolidation, which took the shape of a symmetrical triangle. The formation of a symmetrical triangle is bilateral, which means that the probability of breaking...