Tag: Trading Inside Bars
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,...
Gold may cheapen this week – there are fundamental and technical reasons
Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...
USDCAD – bearish engulfing and inside bar on the top of the year
The USDCAD currency pair has been moving in an upward channel with a range of about 600 pips for over a year. In mid-September,...
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,...
EURNZD – a return to the broken neckline
In the current turbulent situation related to the tension on the Russian-Ukrainian border, it is difficult to analyse the market in the long term....
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...
