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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...

USDCHF – false breakout from Inside Bar indicates declines – 30/04/2019

USDCHF - daily candle from 23.04 created Inside Bar formation, because for the next two days the quotations were not able to overcome its...

“When Theory meets Practice” – week 10 – 09/03/2019

The week No.10/2019 is coming to an end, with noteworthy events, it is surely hard to overlook the ECB meeting and the monthly "payrolls"...

USDCHF – bearish engulfing, decreases towards a significant level – 20/02/2019

The exchange rate of the USDCHF is moving in an upward trend, with lows and highs at ever higher levels. This month the buyers...

Price Action Formations – Bearish Engulfing

When trading on the Forex market, we make decisions based on price action. In order to open the appropriate order, we look at the...

USDJPY – Inside Bar and Bearish Engulfing 30/04/2018

Trading Price Action Formations  –under this heading you will find analysis made on basis of most known Price Action formations – Inside Bar, Outside...

EURAUD – Retesting Outside Bar -03/04/2018

EURAUD - in the previous analysis (29/03) I described the formation of the Bear Market (Outside Bar), which as a typical bearish formation pointing...

EURAUD – Bearish Engulfing and Divergence on Daily – 29/03

EURAUD has been in an upward trend for the last 3 months, reaching a maximum of 1.6190 yesterday. Yesterday's daily bearish candle engulfed Tuesday's...

EURUSD – Bearish Engulfing Heralds Correction ? 19/02/2018

EURUSD is in a clear upward trend since the beginning of the year. From January to last Friday, the increases reached 660 pips, which...

GBPJPY is Once Again Reacting to Resistance

GBPJPY has set new highs this week and touched the resistance zone around 152.90, which didn't allow bulls to expand further throughout the last...

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