Stimulus packages implemented in recent months to help the economy fight the effects of lockdown have largely moved to financial markets. On the one hand, purchased government and corporate bonds release their cash to their existing holders, and this, in the face of increasingly stronger currency devaluation by central banks, flows into other assets. It
AUD/USD has been in a quite important zone for several weeks, i.e. under resistance in the region of 0.70. Sellers appeared several times in this place last year. For three weeks, buyers also have a problem here with the continuation of the dynamic rebound that has appeared since March low. This can be seen in
If we look at the long-term EUR / USD chart, it turns out that the recent upward move has not stopped in a random place. In the past, the area around 1.14-1.1450 has repeatedly held back the role of buyers. I marked the place of price reaction with red arrows. If we look at the
Since yesterday the mood began to deteriorate. The market began to pay attention again to the number of cases that in many US states are not stopping growing. In addition, investors have reacted negatively to reports of a planned increase in customs duties by the US towards the EU. The new package would be worth
Since the beginning of this week, the bulls have been trying to get out of the weekly consolidation, built under resistance from the daily chart under 12450 points. I marked the previous places of reaction of the sellers with red arrows. The bulls were closest to success yesterday, but instead of continuing the upward movement,
While the franc or the euro, in terms of the scale of the last correction, went back to places where buyers did not have a major problem with taking the counterattack, in the case of the dollar the sellers technically went a bit. The consequence of this is now a big challenge for those playing
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.
