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EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downward breakout of the 1/8 (1.0559) level is expected, followed by a decline to the support at 0/8 (1.0498). The scenario can […]
Futures Weekly Action Areas #ES #NQ #YM To access the weekly the weekly action areas for the trading week ahead in the emini futures markets CLICK HERE! Source: Tickmill
TitleGBPJPY H4 | Bearish reversal off 78.6% fibo? TypeBearish Reversal Preference: Price could retest the pivot point at 182.32, which is a swing high resistance level, aligning with the 78.6% fibo projection. Price could fall to the 1st support level at 181.36, which is a swing low support level. Alternative scenario:If price breaks above the […]
The Japanese yen paired with the US dollar is declining again. The current USDJPY exchange rate stands at 149.93. At the end of last week, the yen managed to correct due to some shift in market sentiments. Investors believed at that moment that the US Federal Reserve would leave the interest rate unchanged at its […]
The BTC exchange rate on Monday rose to 30,805 USD. The weekly increase amounts to 11.2% already. The market remains cheerful, waiting for good news concerning the launch of spot bitcoin ETF. Market participants are having fun, updating BTC forecasts. Some say that by the end of October the flagship cryptocurrency will have reached 36,000 […]
ECB In Focus This Week EUR will be in focus this week with the October ECB meeting on Thursday the headline event for the week. While the bank is widely expected to hold rates unchanged, there is some likelihood that the bank retains hawkish signalling in its outlook, keeping the door open for a potential […]