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GBPUSD – Head and Shoulders on pound, will the neck line hold? 12.08.2020

The GBPUSD pair, popularly called the cable, after setting the all-time minimum in March this year at 1.1400, is moving in a strong upward...

GOLD (XAU) – bearish engulfing on the ATH, time for correction – 10.08.2020

The month of July was a record month for GOLD (XAU). The price of this precious metal rose from 1777 to 1982 dollars per...
GBP/USD Daily

GBPUSD – cable needs correction – 03.08.2020

The last session of July brought a fairly significant strengthening of the dollar against the other major world currencies. After a strong upward Thursday,...

EURGBP – target: confluence of support – 28.07.2020

The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...

SP500 – bearish engulfing on daily chart – 27.07.2020

S&P500 is a stock exchange index which includes 500 companies with the largest capitalization, listed on the New York Stock Exchange and NASDAQ. These...

NZDUSD – a time for a correction – 23.07.2020

The pair of the New Zealand dollar with the US dollar (NZDUSD) has recently moved in a strong upward trend. In March, as the stock...

NZD/CAD – a bearish divergence heralds declines – 15.07.2020

The NZDCAD pair - representing the exchange rate of the New Zealand currency to the Canadian dollar - set last Friday at 0.8950 maximum...

EURNZD – a descending wedge on support – 13.07.2020

Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

GBPUSD – broken neck line of an iH&S – 02.07.2020

On the pair of the British pound with the American dollar (GBPUSD), popularly known as the "cable", the point of confluence of the two...

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