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Euro and British pound close to magic level – 13.01.2021

If we look at the chart of Europe's two most important currencies - the euro and the British pound - we can see that...

Will there be a bullish correction on USD? – 11.01.2021

At the end of last week, after the Democrats gained an advantage in the US Senate, the US dollar gained to most currencies. Could...

The winners, losers and surprises of Forex markets – summary of 2020 ( part...

It has been a long and difficult year with many turbulences and changing conditions on the way. It was a year when the word...

GOLD – reverses from a resistance – 28.12.2020

It was a good year for Gold... In the last 12 months, during the peak periods, Gold has been priced higher by 675 USD/oz...

EURAUD – a Head & Shoulders formation on the daily chart – 22.12.2020

The chart for the EURAUD currency pair has a rather unusual shape. In March, when the global pandemic caused by the covid-19 virus started,...

Canadian dollar vs Japanese Yen – growth very possible – 15.12.2020

Looking at the chart of the history of the CADJPY pair quotations we will notice that the current rate of this pair is 4400p...

EURUSD close to confluence of supports – 10.12.2020

The EURUSD pair, after a period of strong increases ending with a maximum of 1.2176 this year, has started a downward correction between the...

NZDCAD – bearish engulfing on daily chart – 01.12.020

The currency pair NZDCAD (New Zealand dollar to Canadian dollar) has been moving in an upward trend since March this year. In the period...

NZDUSD – outside bar on the top of the year – 24.11.2020

The New Zealand dollar in relation to the US dollar (NZD/USD) set the minimum on 15 March this year at 0.5470. Since then, it...

GBPNZD – Inside bar on a support of the triangle – 23.11.2020

In coming week we expect to see the results of many months of negotiations between UK and EU with a view to concluding a...

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