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EURUSD – will the bullish engulfing pattern make euro stronger?

Since the end of September 2022, the euro-US dollar pair has been moving in an uptrend, which is basically a correction of the declines...

EURNZD – a chance for retesting the support of ascending wedge

The Euro-New Zealand Dollar pair has been moving in an uptrend since mid-December last year. Higher peaks and higher lows are being established in...

AUDNZD a pair for swing traders

This week's economic calendar contains quite a few important events. Among the most important I would include tomorrow's CPI (14.02) inflation data in the...

EURGBP – a correction possible, but…

Last Friday, we learned the number of new non-farm jobs in the US. The second data release of the year surprised the market, with...

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...

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