Tag: When Theory meets Practice
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...
GBPJPY – confluence of support – 30.06.2020
I was analyzing the pair of GBPJPY at the beginning of this month, (June 8th), when an inside bar formation appeared at an important...
GBPUSD – cable under pressure, Head and Shoulders indicates further declines – 21.06.2020
GBPUSD - the cable after a series of violent falls in the first half of March this year and setting the all-time low at...
GBPJPY – two inside bars at important level – 08.06.2020
The GBPJPY pair has been moving in an upward trend for the last three weeks. On the daily chart, an Inside Bar formation is...
AUD/JPY – towards the support of the ascending wedge – 27.05.2020
The AUD/JPY pair has been moving in an upward, downward trend since early April.
The quotations are in an easily recognizable formation - ascending wedge.
Today,...
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...