Latest Market News

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are nearing the overbought area on H4. A divergence formed on the RSI. In this situation, a test of 8/8 (0.6835) is expected, followed by a rebound from this level and a decline to the support at 5/8 (0.6652). The scenario could be cancelled by rising above […]

EURUSD, “Euro vs US Dollar” EURUSD continues developing a growth wave to 1.1040. Upon reaching this level, the quotes might form a corrective link to 1.0986 (a test from above). Next, a rise to 1.1055 is expected, possibly followed by a new decline wave to 1.0888. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD could […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.2670 is expected, followed by a rise to 1.2865. An additional signal […]

The British pound sterling paired with the US dollar appears stable. The current GBPUSD exchange rate stands at 1.2697. Last Friday, the UK provided updates on another estimate of the country’s Q3 GDP. The economy expanded by 0.3% y/y, marking twice as weak a result as expected. On a quarterly basis, the GDP decreased by […]

The main currency pair on Monday looks confident. The current EURUSD exchange rate stands at 1.1000. Practically, all the important statistics have already been published. The market has several details to wait for, but everything critical to happen in 2023 has happened. Friday reports from the US came out positive but there were several moments […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave to 1.1039. A correction link to 1.0986 is expected today. After the correction is over, a new growth structure to 1.1080 might develop, followed by a decline to 1.0940. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed a growth wave to 1.2743 […]