Day: November 3, 2022
EURUSD, “Euro vs US Dollar” The pair has secured under the resistance level and is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 0.9885, followed by falling to 0.9605. An additional signal confirming the decline will be a bounce off the upper […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are above the 200-day Moving Average, which means the prevalence of an uptrend. The RSI has bounced off the support line and is going up gradually. Here we expect growth of the quotes to the nearest resistance level of 3/8 (1.0131). The scenario can be […]
• GBPUSD reversed from resistance area • Likely to fall to support level 1.1200 GBPUSD currency pair recently reversed down from the resistance area located between the pivotal resistance level 1.1660 (which stopped wave 4 in September), intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from May. […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Harami reversal pattern at the support level. Currently, it may go by the signal of the pattern in yet another correctional wave. The goal of the pullback will be 1645.50. Upon testing the resistance level, the price may bounce off it and continues the downtrend. However, […]
EURUSD, “Euro vs US Dollar” The pair has bounced off 0.9970 downwards. This practically opens a pathway down to 0.9684. After this level is reached, a link of correction to 0.9820 (a test from below) is not excluded. Next, a decline to 0.9565 should follow. GBPUSD, “Great Britain Pound vs US Dollar” The pair has […]
• AUDUSD broke the support level 0.6300 • Likely to fall to support level 0.6200 AUDUSD currency pair under the bearish pressure after the pair failed to break back above the key resistance level 0.6500 (which has been reversing the pair from the end of September). The pair just broke the support level 0.6300 – […]
• EURUSD under bearish pressure • Likely to fall to support level 0.9700 EURUSD currency pair under the bearish pressure after the price broke the support trendline of the daily up channel from October. The breakout of this up channel coincided with the breakout of the 50% Fibonacci correction of the C-wave of the earlier […]
Bitcoin broke the level of 20500. Currently, the asset is testing this level, trying to form the engulfing. Bitcoin is heading up. The asset is likely to face resistance at the level of 22500, break it and target the level of 25500 next. American stock index S&P 500 has pulled from the downtrend and the […]
On Thursday, the Australian dollar against the US dollar is falling. The current quote is 0.6345. The morning trade balance statistics turned out interesting. In September, the results in Australia turned out better than expected. Export grew by 7% against 2.6% previously. Import dropped to 0% from 4.6% previously. The statistics could support the Aussie […]
On Thursday, the market major is depressed; the current quote is 0.9820. Yesterday the US Federal Reserve System completed its two-day meeting by lifting the interest rate to 4% annual. This is the high since 2008. The most important comment made right after the decision was announced touched upon the probability of further increases in […]
