FOMC caused USD to weaken. The outcome of that is a buy signal on the EURUSD. This optimism is additionally supported by the double bottom formation,
FOMC caused USD to weaken. The outcome of that is a buy signal on the EURUSD. This optimism is additionally supported by the double bottom formation, wedge pattern and a false breakout below the 1.173 support. What is more, we broke the 1.181 resistance and we are currently using that as a support. Buy signal at its finest.
Gold is using weaker USD to climb higher but this is only a correction. The target is the 1267 USD/oz. Higher levels should be used by sellers to open a short position with better prices. The major reversal here is currently less probable.
USDSGD traded very technically in the past few weeks. The price created two trend continuation patterns (a rectangle and a flag) and accurately respected horizontal supports and resistances (1.3575 and 1.3530). Sell signal is on with the potential target on the 1.339.
During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.