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Can ADP data be a predictor for NFP?

Today is an important day for financial markets. NFP labour market data - that is, government data on non-farm employment in the US. Undoubtedly,...

GBPAUD – breakout from the inside bar heralds bearish correction? 02.08.21

The British-Australian currency pair has been moving in an uptrend since the beginning of this year, which has taken the shape of a channel...

GBPJPY – an inside bar heralds end of bearish correction?

The FOMC meeting and the Fed members' vote on US interest rates indicated the possibility of an earlier monetary policy tightening than anticipated back...

USDJPY – a descending wedge and a Inside Bar pattern – 12.10.2020

The USDJPY pair has been moving in an upward trend for the last three weeks and from 21.09 (104.00) to 08.10 (106.10) quotations increased...

“When Theory meets Practice” week 40 – 12.10.2019

The 40th week of this year, and especially its last two days, has brought abnormal volatility to the British pound (GBP) and...

GBPJPY still in the Inside Bar but broke from the Outside Bar – 19.08.2019

On Friday I analysed the situation on this pair's chart, but I think it's still worth focusing my attention on this instrument, which is...

When Theory Meets Practice – week 32 – 17.08.2019

The passing week was one trading day shorter due to Thursday's holiday, celebrated not only in Europe. I included two analyses, both turned out...

USDJPY – bullish engulfing but sentiment still bearish – 07.08.2019

As in the title: on USDJPY a bullish engulfing pattern was formed yesterday on the daily chart, but the behavior of the price and...

GBPUSD – bullish divergence gives hope for a growth correction – 05.08.2019

A week ago I wrote about GBPUSD indicating the breakout from the Inside Bar and the high probability of drops, which occurred as expected...

AUDCAD – divergence and Bullish Engulfing on daily chart – 11.07.2019

AUDCAD - after setting the maximum of the year at 0.9613 on 17.04, the pair moves in a downward trend. Yesterday's daily candle covered...

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