Latest Market News
The Japanese yen gradually retreats from the positions of the US dollar. The current quote is 133.88. As expected, without constant interventions of the Bank of Japan, the yen will be gradually returning to its initial positions. The statistics from yesterday reflected a decline in the unemployment levels in November to 2.5% from 2.6% earlier. […]
EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0611 and a link of correction to 1.0659. Practically the market has set the borders of a consolidation range. With an escape upwards, a pathway to 1.0730 will open. With an escape downwards, the wave might extend to 1.0592. And if […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is pushing off the support level. The pair is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 1.2070, followed by falling to 1.1785. An additional signal confirming the decline will be a […]
Type: Bullish Continuation Key Levels:Resistance: 1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 […]
The Japanese yen against the US dollar remains strong. The current quote is 132.89. A week has passed since the intervention of the BoJ, and the yen has renewed the highs of the last 4 months. Now it is going back very smoothly and almost unnoticeably. Meanwhile, it must be admitted that the interventions had […]
Type: Bullish Continuation Key Levels:Resistance: 1508.75Pivot: 1469.00Support: 1423.25 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and […]