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BTC/USD – a shy sign of correction?

Bitcoin (BTC) like most cryptocurrencies during a period of strong growth at the end of last autumn set new all-time highs. On November 10...

USDCAD – a possible downward correction

The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...

GBPJPG – bearish outside bar and divergence can initiate declines

The pair of the pound with the Japanese yen (GBP/JPY) since the beginning of March moved in a strong uptrend (+1700p) interrupted by one...

EUR/GBP – bearish engulfing on daily chart

The beginning of the second week of June did not provide much excitement, volatility was low. Perhaps, at least to some extent, this was...

GBPUSD – inverted Head and Shoulders signals upward correction.

The first quarter of this year has not been kind to the British pound, which lost more than 13% to the US dollar. However,...

AUDNZD – commodity currency pair returns to trendline

When analysing the foreign exchange market, we see some informal yet frequent classifications. One of the most common is the classification by trading volume,...

EURJPY – head and shoulders formation and re-test of the neck line herald a...

The pair EURJPY from the beginning of March to mid-April, that is almost 7 weeks moved in a strong upward trend. The main factor...

CADJPY – a beginning of a deeper correction?

The Japanese currency Yen (JPY) has not had a good run recently, losing to most major currencies. As we know, there is a strong...

EUR/GBP – rates up pound down, but time for a correction.

Last Thursday the BoE raised interest rates by 25bp and set them at 1%. Given that interest rates in the Eurozone are still negative...

A week of central banks and monetary decisions in Australia, the US and the...

It promises to be an interesting week. Starting Tuesday and ending Friday the economic calendar is filled with important macroeconomic events. Australia, USA, UK...

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