Tag: Trading Price Action Patterns
EURUSD – two months in consolidation – 20.05.2020
EURUSD has been moving into a 220p consolidation range for nearly 2 months.
Today the price has reached the upper limit of this consolidation which...
GBPUSD – continuation of declines, no deal Brexit possible… 18.05.2020
Quite often recently I've been analysing the British pound in relation to the American dollar, which is a pair of GBPUSD. This is due...
GBPUSD – the death cross, last nail in the coffin ? – 13.05.2020
On the first of April this year, a "death cross" appeared on the daily chart. I wrote about this phenomenon in my analysis on...
USDJPY – bullish engulfing and a wedge – 11.05.2020
The USDJPY pair has been moving in a downward trend for 5 weeks, the quotes have taken the shape of a descending wedge. Usually...
AUDJPY – breaking out of an ascending wedge – 04.05.2020
The AUDJPY pair has been moving in an upward trend for more than 6 weeks, which quite accurately...
GBPUSD – two Head and Shoulders, death cross in the background – 29.04.2020
On the GBPUSD currency pair an interesting system of two Head and Shoulders patterns appeared. Although there is still a while to...
EURAUD – on the edge… 27.04.2020
EURAUD has been on an upward trend for the last 3 years. From January 2017 to mid-March 2020 the price increased by...
AUDUSD- time to go south? 22.04.2020
Last week the AUDUSD pair reached the level of 0.6450, which is exactly 61.8% of the last downward movement measured from a...
GOLD (XAU) on the way to declines, will be cheaper? – 16.04.2020
The price is approaching the trend line (red) led from level 1565. Overcoming this line will result in breaking the sequence...
USDJPY – Head & Shoulders completed , neck line broken – 14.04.2020
I wrote about the USDJPY last week on 07.04 in the article: "Will there be H&S ?" Today's day answered this...
