Yesterday in the stock markets was very successful for the bulls. Increases did not miss the trading floor in Germany. It is worth realizing, however, that last week's drop left negative technical consequences. As you can see in the graph above, the area marked in red gave buyers a lot of trouble before. This is
We are after a 2.5 month rally on the stock markets. The main beneficiary of the lockdown was the technology sector, especially on-line shopping, but also digital entertainment or e-learning platforms. This is clearly seen by the changes in major stock indices. Nasdaq was the first to return to pre-pandemic levels. The dynamics of the
Recently, silver seems to be more and more resistant to falls. Although in recent days there has been a slight drop in prices, so far it looks like a pullback to the nearest support from the daily chart. These are around 1740 ¢ / ozt, where you will find an internal area that in the
The dynamics of PLN strengthening recently has been impressive. It is no wonder that headlines in financial media are now dominated by this fact. This strong interest in the subject of the strengthening zloty may signal, however, that in the short term we are one step away from taking profits from long positions in PLN.
EUR/USD has risen sharply in recent days. From last week it was an increase of about 3 figures, which is a considerable achievement for the average volatility so far. The weakening of the dollar is also accompanied by an improvement in global investment sentiment, flowing capital to equity markets (including emerging markets) and negatively correlated
Past days definitely belong to the zloty. This is not an exception, however, as the improvement in moods has also spread across the remaining emerging markets, strengthening their currencies. This is well illustrated by the WisdomTree Emerging Currency Strategy Fund chart, i.e. the ETF that gives exposure to emerging market currencies (ticker: CEW), which has
PLN, like many other markets, has moved sideways in recent weeks. Last week has already signaled that the market will move to correction. The franc sellers managed to leave a long, negative candle on the weekly chart, and the market left the range of almost 2-month fluctuations. So we move to correction and it's time
In recent months, there has been a lot of interest in precious metals, especially gold. Investors usually look at gold in market uncertainty, which was very high in February and March. The demand turned out to be so high that the price of "paper" gold (derivatives) was moved away from the physical (also due to
When looking at the situation on the main indicies, currently CAC40 technicians pay more and more attention. If we look at the CFD's weekly chart, we are now in a very sensitive place. Around 4600 points in the past they have proved to be a turning point many times. In more cases, the sellers showed
Recently, the 1.0775 area, which has become support, is starting to play a significant role on EUR / USD. The daily chart shows its importance very well. The first, very strong reaction in this place we saw around February 20, when the panic associated with the potential effects of lockdown began to spread in the
