AGAdam

AGAdam

Dear traders, As can be seen on the chart we are at the level where a couple of signals can be found. - psychological level of 1800$ - fibo 0.382 level - lower line of the trend channel - support of 200 MA with slight wick rejection Disclaimer! This post does not provide financial advice. Always do your own analysis. Be aware that only you are responsible for...

AGAdam

Dear all, It's time to wrap up 2021 and outline what has happened based on an analysis of S&P500 as a major index. At first glance (and as the title suggests) covid stayed with us throughout the whole year causing volatility in the market. Average correction caused by C19 and its new variants equaled 4.95%, with the biggest decrease of 5.7% caused by the Delta...

AGAdam

Hi all Very interesting place for GOLD. After quite positive news with vaccinations, GOLD as a safe-haven asset lost its growing momentum and experienced correction that as for now stopped at the psychological level of 1700 and Fibo 61.8 which are main arguments to possibly go long over here. Feel free to comment, give your thoughts. Would appreciate it if you...

AGAdam

Dear traders! Technical analysis: Price rejection at >1.221 continued with a huge bearish momentum leading the price to test the key S/R level at 1.207. Looking at the past experience we can see that the price was moving in the consolidating channel made of two key S/R levels. We may experience the same behavior as before so watch carefully marked red areas and...

AGAdam

Hi all! This is my idea on the future of the so-called Safe Haven currencies. Remember, people in the need of defense against coming inflation turn into currencies or gold as they do not have much knowledge or energy for other assets. This is why good analysis is needed to see in what currency to invest. In the post-crisis period (4 years), both sides, the euro,...

AGAdam

Dear traders! Here is my idea on the GBP/CHF pair over the coming period of time. Technical analysis: As we can see GBP/CHF pair is on the uptrend since the end of December. The price is near the trendline however it has two supports from 50 day EMA and fibo 0.236. Considering these two supports as strong ones the price may test the upper resistant level where...

AGAdam

Dear traders! USD and CHF are said to be some of the bests safe-haven assets, that retain value over downturn or "bad" news. Here is my idea on the USD/CHF pair over the coming period of time. Technical analysis: As we can see USD/CHF pair has been in a downtrend for a long time with more consolidated movement over the last periods. However, since mid-March,...

AGAdam

Dear traders! Here is my idea about EUR/USD pair, my first public forex analysis and second shared publically. As always I base my analysis on the technical and fundamental aspects. Technical analysis: AS we can observe EUR/USD was in an uptrend for almost 2 months. Recently we could witness a correction (more than 2%) which resulted in a bearish wedge...

AGAdam

Fellow traders, No doubt that gold is a super interesting safe-haven asset, especially considering current times. Here is my most recent idea on this metal. Fundamental analysis: The uncertainty caused by COVID still prevails all over the world, the vaccine is still not widely available, and long-term protection still not ceratin. Moreover, monetary policy and...