Latest Market News

The weekly increase in the leading cryptocurrency is impressive – more than 25%. The demand for risky assets grew after it became clear that the banking crisis in the US and Europe will be held back. Simultaneously, investors are interested in cryptocurrencies, while there are not many footholds in the US stock market. The market […]

EURUSD, “Euro vs US Dollar” On H4, near the support, EURUSD has formed a Hammer reversal pattern. Currently, the pair can go by the reversal signal in an ascending wave. The target for the growth might be 1.0725. However, the price might pull back to 1.0650 and continue the uptrend after testing the support. USDJPY, […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0687. At the moment, a consolidation range is forming around this level. The price is likely to escape the range downwards and continue the wave to 1.0516. The target is local. After the quotes reach the level, a link of […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are in the overbought area. The RSI has pushed off the support line. Currently, the 0/8 (1.0742) level is likely to break, and the price might reach above it to the resistance line of 1/8 (1.0864). The scenario can be canceled by a downward breakaway of […]

EURUSD is looking neutral on Friday. The current quote is 1.0650. Investors are slowly tidying up the remnants of their nervous system. Exchange volatility is decreasing, which is good news. The European Central Bank meeting the day before ended as expected. The interest rate was raised by 50 basis points, as forecasted, to 3.5% per […]

Brent On H4, Brent is in the oversold area. The RSI is testing the resistance line. In this situation we should expect a break-up of the level 0/8 (75.00) and rise to the resistance level 1/8 (78.12). A break-down of the support at -1/8 (71.88) would be a reversal of this scenario. In this case, […]