Day: February 27, 2023

On Monday, the BTC is balancing near 23,488 USD. US investors on Friday were avoiding risks, which led to a sale at US exchanges. However, this just barely touched upon the crypto world. Market participants remain neutral, waiting for a chance to get towards the purchasing goals. The BTC needs to secure above 23,500 USD […]

EURUSD has fallen even deeper. The current quote is 1.0550. The main thing that triggered growth of the USD was the publication of an inflation report, meaningful for the Fed. Namely, the Core PCE Price Index. These are the data that the regulator uses to decide upon the interest rate. Well, in January the index […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0550. Today the market might demonstrate a link of correction to 1.0590 and go down to 1.0490. Then a new wave of correction to 1.0705 should start, followed by a decline to 1.0380. GBPUSD, “Great Britain Pound vs US Dollar” […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, indicating prevalence of a downtrend. However, the RSI has reached the oversold area, hinting on possible development of a correction. As a result, a test of 2/8 (1.0498) should be expected, followed by a bounce off it and growth of […]

XAUUSD, “Gold vs US Dollar” At the support level, Gold has formed an Inverted Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the correction might be 1825.00. Upon testing the resistance level, the price might bounce off it and continue the downtrend. However, the quotes […]

USDCAD, “US Dollar vs Canadian Dollar” USDCAD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3565 is expected, followed by growth to 1.3825. An additional signal confirming the decline will be a bounce off the […]