Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0562. Today the market continues developing a declining wave to 1.0502. Breaking this level downwards, the potential for a wave down to 1.0444 could open. After the price reaches this level, a correction to 1.0502 (with a test from below) looks possible. GBPUSD, […]
TitleEURUSD H4 | Falling to support level? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 1.05591, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.0494, a multi-swing low support level. Alternative scenario: However, if the price […]
TitleSPX500USD H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference: Price could potentially fall to our pivot point at 4334.5, which is an overlap support level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. If price bounces off our pivot point, then price could rise towards the 1st resistance at 4397.6, which […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has rebounded from the upper boundary of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1.2255 is expected, followed by a decline to 1.1995. A signal confirming the decline will be […]
The main currency pair is in a consolidation phase on Tuesday. The current EURUSD exchange rate stands at 1.0550. The beginning of the week was quiet, bringing neither news nor statistics. Nevertheless, the US dollar has retreated while the capital markets have shown interest in risk. Today could bring considerable changes. The macroeconomic calendar will […]
TitleAUDUSD H4 | Rising into confluence of Fibo resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 0.6385 which is an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 61.8% projection levels; we could see momentum carry price down to its 1st support at 0.62939 […]
TitleBCOUSD H4 | Bullish bounce of 50% Fibo TypeBullish Bounce Preference:Price is falling towards the pivot point of 88.644 which is a pullback support that aligns with the 50.0% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 91.846 which is a pullback […]
Safe-haven assets and the currency rushed to price in the risks of a serious escalation of the conflict in the Middle East before the weekend, but by Monday, it became clear that although tension persists, the conflict remains predominantly local. Third countries that could potentially exacerbate the situation, such as Iran, are limited to warnings, […]
The price of natural gas broke a very strong and important psychological level of 3.00. Currently, the asset is rebounding to the broken horizontal trendline. The price of gas is likely to test the broken level of 3.00, rise, and target the level of 4.00 next. So, let’s observe whether it is going to happen. […]
The Japanese yen paired with the US dollar remains stable at the beginning of the week. The current USDJPY exchange rate stands at 149.43. USDJPY recently came close to the 150.00 level, a point where interventions could have taken place. The market is currently speculating that the yen might strengthen if the Federal Reserve ceases […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, which indicates the prevalence of a downtrend. The RSI has broken the support line. In this situation, a downward breakout of 6/8 (1.0498) is expected, followed by a decline to the support level of 5/8 (1.0376). The scenario can be […]
BTC Volatility Explodes Bitcoin traders experienced heavy volatility across the European afternoon on Monday as the market reacted explosively to reports (later confirmed to be false) that the SEC had approved the BlackRock BTC ETF application. BTC prices were seen surging higher by more than 10% on the day before collapsing back as the reports […]