Day: March 16, 2023

USDCHF, “US Dollar vs Swiss Franc” On H4, USDCHF pair has broken through the 200-day Moving Average and is now above it, which indicates a possible bullish trend. The RSI is approaching the overbought area. In this situation we should expect the price to test 5/8 (0.9338) and its further breakdown and increase to resistance […]

AUD paired with the US dollar “broke off” the recovery, declined due to the external background and now needs a “support” again. The current AUDUSD quote is at 0.6631. The main pressure on the AUD comes from the US dollar. It has significantly strengthened against the background of the global “flight” of investors from risks. […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is testing the Kijun-Sen indicator line. The pair is moving under the Ichimoku Cloud, suggesting a downtrend. The pair is expected to test the upper boundary of the cloud indicator at the level of 0.6665, then the fall to the level of 0.6445 is expected. An additional signal […]

XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near resistance. At this stage, the signal from the reversal candlestick pattern is being worked out in a downtrending wave. The 1900.00 level may be the target for the decline. After the support is tested, the price has a chance to rebound […]

USDJPY, “US Dollar vs Japanese Yen” On H4, USDJPY is above the 200-day Moving Average, which indicates that an upward trend is prevailing. The RSI has broken the resistance line. In this situation, the pair is expected to test the 7/8 (135.93) and its further breakdown to the resistance level of 8/8 (137.50). The likely […]

The main currency pair gained further on Wednesday. The current quote in EURUSD is 1.0740. The statistics published the day before from the USA showed that the problem with inflation is still relevant. Consumer price index fell to 6.0% y/y in February compared to the previous value of 6.4%, as expected. Monthly inflation was 0.4% […]