Latest Market News

Silver got back to the broken resistance area formed between levels 20.90 and 21.30 and then pulled back. Now, the price of silver has reversed towards the north, leaving behind the broken range. The asset is targeting the resistance at the level of 24.75. So, let’s see what is going to happen next. After a […]

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Currently, the pair is going by the signal in a correctional wave. The goal of the growth will be 1.3525, and later the price may bounce off the resistance level and extend the downtrend. However, […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which signifies an uptrend. The RSI is testing the support line. Currently, we should expect the quotes to rise over 5/8 (1.0376) and grow to the resistance level of 6/8 (1.0498). The scenario can be cancelled by a downward breakaway […]

EURUSD, “Euro vs US Dollar” The pair has formed an impulse of decline to 1.0354 and a correction to 1.0413. Today the market is forming the second declining impulse. At the moment, a structure of decline to 1.0345 was completed. A consolidation range is expected to form around this level. With an escape downwards, the […]

GBPUSD, “Great Britain Pound vs US Dollar” The quotes are pushing off the support level, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud is expected at 1.1935, followed by growth to 1.2475. An additional signal confirming the growth will be a bounce off the lower […]

At the beginning of a new week, EURUSD is stepping back. The current quote is 1.0350. At the global capital markets, pessimistic moods are ruling. Investors are fleeing from risks, which immediately affect respective assets. The market is focused on the aggression of the US Fed that may additionally find a foothold in statistics. This […]