Tag: Trading Price Action Patterns
USDCHF – a chance for a correction in upswing channel
From the beginning of November 2022 until the end of January this year, the USDCHF - USD - swiss franc pair moved in a...
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...
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...
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...
GOLD and Yen will get stronger – FED rate decision on Wednesday
I analysed Gold at the end of October, a week has passed since then and my prediction that we are witnessing a correction of...
GOLD in a correction, third time lucky?
Gold quotations peaked this year on 8 March. Two weeks after Russia's attack on Ukraine, the gold price started to fall quite intensively. Last...
USDJPY – bearish engulfing pattern on H4
Today's Asian session brought statements from several important officials in charge of Japan's finances. Japanese officials spoke on oil, gas, border control and of...
