Market Analysis

EURUSD, “Euro vs US Dollar” The currency pair has finished correcting to 1.0659. Today a consolidation range might form under this level. With an escape downwards, a new wave of decline to 1.0610 should start. With a breakaway of this level, a pathway to 1.0560 will open, followed by a correction to 1.0600 (a test […]

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Now it may go by the signal in an ascending wave. The goal of the growth might be 1.0720. However, the price may pull back to 1.0600, bounce off it, and continue the uptrend without a […]

EURUSD, “Euro vs US Dollar” EURUSD is getting ready to break through the resistance level. The instrument is going above the Ichimoku Cloud, which indicates an uptrend. A test of the lower border of the Cloud at 1.0635 us expected, followed by growth to 1.0855. An additional signal confirming the growth will he a bounce […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has risen above the resistance line. An upwards breakaway of 7/8 (0.6774) is expected, followed by growth to the resistance level of 8/8 (0.6835). The scenario can be cancelled by a […]

The crypto sector has not found anything to surprise investors yet. At the end of December, the BTC is balancing near 16,873 USD. Weekly growth was just 0.88% – nothing to be proud of for the BTC. These days are boring for crypto investors. The year started with 46,216 USD – and look where we […]

On Monday, the market major is neutral. The current quote is 1.0630. The Catholic World is celebrating Christmas. Hence, many markets are shut down on Monday and Tuesday; there are no events or statistics. After such a volatile year, it is high time to slow down. Until Thursday, the macroeconomic calendar will be empty. Next, […]

EURUSD, “Euro vs US Dollar” The currency pair continues consolidating above 1.0600. Today it may grow to 1.0642. After this level is reached, a new structure of decline to 1.0550 might develop, followed by a correction to 1.0595 (a test from below). Then a decline to 1.0460 should follow. The goal is first. GBPUSD, “Great […]

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The quotes may now go by the pattern in an ascending wave. The goal of the growth will be 1.3690, and later the price may break through the resistance level and extend the uptrend. […]

GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is pushing off the Tenkan-Sen line of the indicator. The instrument is going under the Ichimoku Cloud, which means a downtrend. A test of the Kijun-Sen line is expected at 1.2080, followed by falling to 1.1805. An additional signal confirming the decline will be a […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has bounced off the support level. In the end, the quotes are expected to rise above 7/8 (1.0620) and next grow to the resistance level of 8/8 (1.0742). The scenario can be […]

The crypto sector in enveloped in Christmas spleen. There have been no activity for days, and investors show no reaction even to somewhat good news about the FXT founder. It seems that this will not change until the beginning of January, if no major events occur. The BTC is balancing near 16,842 USD. Over a […]

On Friday, the market major looks stable. The current quote is 1.0610. The US statistics published yesterday turned out to be quite unexpected. The final GDP for Q3 demonstrated growth of the economy by 3.2% instead of 2.9% estimated previously. This revision had not been forecast but it turned out in the best of American […]