Latest Market News

The Japanese yen is retreating from the US dollar again. The current quote is 136.66. On Friday, the Bank of Japan had a meeting that ended in nothing. The interest rate remains at -0.10% per annum, as expected. The treasury bond yield control policy saw no changes either. In the comments, the BoJ highlighted that […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0589. At the moment, a consolidation range is forming around this level. An escape downwards and further development of the wave to 1.0470 is expected. The target is local. After this level is reached, a link of growth to 1.0570 […]

We would like to start with some good news but we do not have any. By Friday, the BTC has dropped to 19,870 USD, breaking through the stop area directly down. Sales in the BTC sped up after the leading crypto broke through 21,350 USD. The inner tension is growing. It seems that this is […]

USDCHF, “US Dollar vs Swiss Franc” The USDCHF has secured under the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.9310 is expected, followed by falling to 0.9165. An additional signal confirming the decline will be a rebound […]

EURUSD, “Euro vs US Dollar” On H4, near the support level, the EURUSD has formed an Inverted Hammer reversal pattern. The pair may now go by the reversal pattern in an ascending wave. The target of the growth might be 1.0615. However, the price might drop to 1.0535 and continue the downtrend without testing the […]

Brent On H4, the 200-day Moving Average has broken, and Brent quotes are now below it, which means they might develop a downtrend. However, the RSI has already reached the oversold area. As a result, we should expect a breakaway of 4/8 (81.25) upwards and growth of the price to the resistance level of 5/8 […]