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
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
Sellers are getting better at DAX. But this is not an exception, because many of the major stock indices behaves in a very similar way. Attention is drawn to a halting of the rebound in the weekly gap in the first half of March. Below this level, the head and shoulders pattern has recently been
The EUR / USD market reaction in recent weeks confirms the support level at 1.0775. This is very well shown in the daily chart, where you can see how many times buyers have activated in this area. It can therefore be assumed that until this area is definitively broken, the scenario of an increase in
