Latest Market News

EURUSD, “Euro vs US Dollar” EURUSD quotes are in the overbought area on H4. The RSI has rebounded from the resistance line. In this situation, a test of 0/8 (1.0986) is expected, followed by a breakout of this level and a decline to the support at 6/8 (1.0864). The scenario could be cancelled by rising […]

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0975 is expected, followed by a rise to 1.1175. An additional signal confirming the rise will be a rebound from the lower boundary of […]

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be the support at 1.0965. However, the price could rise to 1.1070 and extend the uptrend without testing the […]

The primary currency pair looks robust on Friday. The current EURUSD quote is 1.1000. The statistics released yesterday were not too favourable for the US, but they held their ground reasonably well. The second assessment of the US GDP for Q3 fell short of expectations. The economy expanded by just 4.9% y/y, compared to the […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave to 1.1011. A consolidation range is expected to form around 1.1000 today. Extension of the range to 1.1015 is not excluded. Next, a decline link to 1.0972 might form (a test from below), followed by a rise to 1.1054. At this level, the potential […]

Brent Brent quotes are on the 200-day Moving Average on H4, which points on the lack of any trend. The RSI has rebounded from the support line. The RSI has rebounded from the support line. In this situation, a further rise to the nearest resistance level of 4/8 (81.25) is expected. The scenario could be […]