GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the upper border of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the Kijun-Sen line at 1.2405 is expected, followed by growth to 1.2675. A signal confirming the growth will be a rebound from the lower […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0831. Today the market is forming a correction to 1.0894. After the price reaches this level, a wave of decline to 1.0815 could start, having a chance to continue to 1.0780. GBPUSD, “Great Britain Pound vs US Dollar” The currency […]
TitleNZDUSD H4 | Running into resistance TypeBearish Reversal Preference:Price is approaching our pivot level of 0.62385 and potentially reverse from here, we could see momentum carry price down to its 1st support of 0.61933. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 0.6276. To discuss this trading idea, […]
Bitcoin Rallying Bitcoin prices have crossed back above $30k this week for the first time since June 2022 as the crypto rebound continues. Dwindling Fed rate-hike expectations as well as fresh demand incentives linked to recent banking sector turmoil have seen the leading crypto asset rallying firmly in recent weeks. Bitcoin futures are now up […]
Employment in the US increased by 236K in March, and unemployment decreased to 3.5%, as shown by the NFP report on Friday. Considering that a fairly strong inflation report is expected this week (forecast 0.4% MoM), the consensus forecast for the Fed’s decision at the upcoming meeting is likely to finally shift towards a 25 […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0876. Today the market is forming a consolidation range above this level. If the price escapes it upwards, a link of correction to 1.0924 is not excluded, followed by a decline to 1.0830. Breaking the range downwards, the price will […]