Tag: Dargo strategies
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...
CHFJPY – breaking out from an inside bar could herald more declines
Last week, or more precisely 19.04, the exchange rate of the pair of Swiss franc to Japanese yen reached the level of 136.20 setting...
USDJPY – the weakening of the yen may continue for some time.
It has not been a successful year for the Japanese yen (JPY). Starting from January 2022, the Japanese currency has lost more than 10%...
GBPAUD – a chance to recovery of two months losses
The currency pair of the British pound with the Australian dollar has recorded declines of up to 2000 pips since the beginning of February...
