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EURUSD, USDCAD – trading opportunities for this week 17/2023

The beginning of the week is an opportunity to analyse the forex market more closely and look for opportunities for the new week. Today,...

EURUSD, GBPUSD, EURCAD – trading opportunities of the week

With the new week already underway, today will be brief but concrete - three different currency pairs and three trading opportunities. One picture is...

AUDCAD – a head and shoulders formation on H1 could push price down

The last week of January which is also the first week of February has begun. It is a week rich in events in the...

GBPUSD – a bearish engulfing on the top of a bullish swing

The British pound/US dollar (GBPUSD) pair set an all-time low at 1.0365 at the end of September last year. Since then, the pair has...

GOLD – a bearish engulfing on the top heralds correction?

The start of this year has been kind to gold. Since November last year when a triple bottom formation appeared at $1615/oz, the price...

EURUSD – bullish engulfing patterns herald growth

  The EURUSD pair from the beginning of 2021 was moving in a downtrend. After a decline of more than 2,800 pips, the pair reached...

A week of important data is coming up, will it be a Hitchcock-like experience?

Few major events on the economic calendar today, with most instruments moving in a narrow consolidation. However, this is just the stillness before the...

GOLD falls, bearish engulfing pattern on daily chart

Last Friday, we learned about data from the US labour market. The US economy added a net 263,000 jobs in November, well above market...

EURUSD – return to parity?

Today we had the opportunity to listen to a speech by the President of the European Central Bank, Ms Lagarde. The ECB President reaffirmed...

Scalping on a Range Bar chart using Bollinger, MACD and SD zones – a...

A Range Bar Chart (RB) is a specific chart that depends on the price change and is independent of the time at...

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