Day: November 13, 2023
Buyers are still targeting 38,000 USD. There are sufficient grounds for achieving this target, and the next one is 42,000 USD. The digital asset market continues to focus on news about approving licences for launching spot bitcoin-ETFs. Prices will soar as soon as new information appears. The cryptocurrency market’s capitalisation has reached USD 1.43 trillion. […]
The Japanese yen paired with the US dollar is depreciating again. The current USDJPY exchange rate stands at 151.71. The instrument has experienced growth for six consecutive sessions. However, last week marked the yen’s sharpest decline since August, dropping by 1.48% against the US dollar. These represent the highest levels for the currency pair since […]
S&P 500 and other US stock indices closed with a solid gain on Friday. After breaking through the bearish channel last week, the SPX index spent most of the week consolidating near the 4350 level, but on Friday, it made a confident leap, surpassing the 4400 mark. The rally since early November has been quite […]
Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://www.youtube.com/watch?v=VKcKpHJ6fCg Emini Nasdaq https://www.youtube.com/watch?v=TpGx1q_ogKo Emini DowJones https://www.youtube.com/watch?v=iIHF-qcWdNw Source: Tickmill
EURUSD, “Euro vs US Dollar” EURUSD continues developing a consolidation range around 1.0675. An extension of the range to 1.0695 is not excluded. Next, a decline to 1.0630 might follow. And with a breakout of this range downwards, the trend is expected to continue to 1.0540. This is a local target. GBPUSD, “Great Britain Pound […]
EURUSD, “Euro vs US Dollar” EURUSD are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the quotes are expected to rise above 7/8 (1.0711), subsequently proceeding to the resistance at 8/8 (1.0742). The scenario can be cancelled by a downward […]
ETH Testing Highs Ethereum prices are holding just below YTD highs as we start the new week. Following a test of the 2153.5 level last week, ETH prices have since cooled a little though retain a firm upside focus on the back of the more than 405 rally we’ve seen since the September lows. The […]
GBP Traders Await Inflation Data GBPUSD continues to cling to support around the 1.2171 level. The level has acted as a magnet over recent months with price oscillating around that price point since mid-September. An attempt earlier this month at breaking higher saw price running into trouble at the 1.2437 level with that area acting […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.0675 is expected, followed by a rise to 1.0815. An additional signal confirming the rise will be a rebound from the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be the resistance at 1.0740. However, the price might pull back to 1.0650 and continue the uptrend upon testing the support. USDJPY, “US Dollar […]