Market Analysis

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has pushed back from the support level. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Kijun-Sen indicator line at 1.2105 is expected, followed by a rise to 1.2375. An additional signal in favor of the pair’s rise will be a […]

EURUSD pair looks weak on Thursday. The current quote in EURUSD is 1.0600. The fluctuation amplitude of the main currency pair looks as massive as before. It’s all about the global “risk aversion” seen in the capital markets. The isolated signals of problems in the U.S. banking sector could be “extinguished” by the monetary and […]

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% […]

EURUSD, “Euro vs US Dollar” EURUSD is pushing back from the fast indicator line. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Kijun-Sen line at 1.0675 is expected, followed by a rise to 1.0865. The rebound from the upper boundary of the descending channel will be another positive […]

EURUSD, “Euro vs US Dollar” On H4, EURUSD has formed a reversal pattern of a Long-Legged Doji near the resistance level. At this stage, the signal from the reversal candlestick pattern may trigger a downward wave. The target for the pullback will be 1.0710. However, one should not exclude the variant with price growth to […]

The BTC rose to 24,968 USD in the middle of the week. After the cryptocurrency market took a break from domestic negativity and regained correlation with US exchanges, all news related to the US and its economy in one way or another became relevant. For example, the consumer price index report for February. Inflation fell […]

The Australian Dollar paired with the US dollar is gently recovering. The current AUDUSD quote is at 0.6684. Both the weakening factor of the US dollar and the technical signals are working in favour of the AUD. The fundamental background looks multidirectional. Australia released its own statistics the day before, which came out weak. Thus, […]