EURUSD, “Euro vs US Dollar” EURUSD has escaped a consolidation range upwards, reaching the local correction target of 1.0686. Today a declining movement to 1.0590 could form. After the price reaches this level, a new corrective movement to 1.0717 might follow. Next, a decline to 1.0400 by the trend is expected. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0655 is expected, followed by a rise to 1.0755. An additional signal confirming the rise will be a rebound from the lower boundary of […]
TitleUSDCHF H4 | Bouncing off support level? TypeBullish Bounce Preference:The price is falling toward our pivot point of 0.8862 , which serves as a pullback support level. A bounce from this point could lead the price to rise to the 1st resistance at 0.8931, an overlap resistance. Alternative scenario:However, if the price breaks below the […]
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ETF Optimism Crypto bulls are looking hopeful at the start of the week with BTC seeing continued buying across the European open on Monday. Optimism over expected forthcoming BTC ETF approvals is keeping crypto prices well bid here with BTC now trading above the $30k mark for the second day in a row. Last week, […]
TitleNZDUSD D1 | Bearish momentum to extend further? TypeBearish Reversal Preference:Price could rise towards the pivot point of 0.58558 which is a pullback resistance level and potentially reverse from here; we could see momentum carry price down to its 1st support at 0.57495 which is an overlap support that aligns with the 78.6% Fibonacci retracement […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming a consolidation range around 1.0570. A link of decline to 1.0550 is not excluded today. Next, the range could extend to 1.0620. A price decline to 1.0570 might follow. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues forming a consolidation range around 1.2151. A declining link […]