Market Analysis

• Platinum reversed from resistance level 955.00 • Likely to fall to support level 900.00 Platinum recently reversed down from the pivotal resistance level 955.00 (which has been reversing the price from June), standing near the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from March. The downward reversal from […]

• EURGBP reversed from support level 0.8590 • Likely to rise to resistance level 0.8700 EURGBP currency pair recently reversed up from the key support level 0.8590 (former resistance from July), standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support […]

The leading cryptocurrency is creeping down again. On Monday, main fluctuations are near 20,487 USD. To preserve the uptrend in force, the BTC needs to brace itself and secure above 21,500 USD. Until this happens, all movements will be inside a flat. The most important event of this week and month is coming, and this […]

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Harami reversal pattern. Currently, the pair may go by the signal in a wave of correction. The goal of growth will be 1660.50. Upon testing the resistance level, the pair may bounce off it and continue the downtrend. However, the quotes may […]

On Monday, the Japanese yen against the US dollar looks neutral. The current quote is 148.25. The yen is becoming weaker again after large-scale interventions of the Bank of Japan. The process will not be fast, because the market is still full of money. However, the yen has no other option than to fall as […]

GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the signal lines of the indicator, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1420 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce […]

• Coca-Cola rising inside short-term ABC correction 2 • Likely to rise to resistance level 61.00 Coca-Cola continues to rise inside the (c)-wave of the short-term ABC correction 2 from the start of October. The price previously broke above the round resistance level 60.00 – which added to the bullish pressure on Coca-Cola. Coca-Cola can […]

BRENT On H4, the quotes have broken through the 200-day Moving Average and are now resting above it, which indicates an uptrend. The RSI is testing the the support level. Currently, we should expect the quotes to rise over 7/8 (96.88) and then grow to the resistance level of 8/8 (100.00). The scenario can be […]

At the end of the week, the market major stays under the parity level. The current quote is 0.9999. The last trading session turned out very active and eventful. The October session of the European Central Bank ended in the expected increase in the interest rate by 75 base points to 2.00% annual from 1.25% […]

• GBPAUD reversed from support level 1.7635 • Likely to rise to resistance level 1.8200 GBPAUD recently reversed up from the pivotal support level 1.7635 (former resistance from July and August, intersecting with the 38.2% Fibonacci correction of the upward impulse from September). The upward reversal from the support level 1.7635 started the active shot-term […]

• AUDUSD reversed from resistance level 0.6500 • Likely to fall to support level 0.6300 AUDUSD recently reversed down from the resistance level 0.6500 (which reversed the pair multiple times at the end of September), standing close to the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The […]

The BTC corrected after noticeable growth earlier. On Friday, it is mainly fluctuating near 20,280 USD. The price stepped back from the intermediate resistance of 20,500 USD. It is vital that the quotes returned back upwards. Then the market will be counting on an advance for 21,500 USD, which is the most important resistance level, […]