News

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0666 and a correction to 1.0700. Today the market continues developing a structure of decline to 1.0632. After it reaches this level, a link of growth to 1.0666 (a test from below) will not be excluded, followed by a decline […]

The BTC restored to 26,836 USD on Wednesday after a major decline the day before. Since yesterday, the leading crypto has been showing the consequences of a rebound. However, the market did not renew the new support at 25,500 USF though in the afternoon it seemed possible. The decline was provoked by the news about […]

Lowe Lifts Off Again The RBA caught markets by surprise once again last night as it lifted its headline cash rate by a further .25% from 3.85% to 4.10%. The move marks the second such unexpected hike from the bank, with the majority of analysts polled ahead of the meeting expecting no change whatsoever. The […]

The dollar rally of May has been facing difficulties since the beginning of the month. Despite a decent unemployment report, the situation did not favor buyers. The focus is on the story that the Federal Reserve will postpone the rate hike until July: Yesterday, the dollar was additionally pressured by a negative surprise in the […]

USDJPY, “US Dollar vs Japanese Yen” USDJPY is correcting within the bearish channel. The instrument is going inside the Ichimoku Cloud, which suggests a sideways movement. A test of the lower border of the Cloud at 139.15 is expected, followed by a rise to 141.85. An additional signal confirming growth will be a rebound from […]

EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern on H4 near the support level. Currently, the pair might go by the reversal signal in an ascending wave. The correction target could be the resistance level of 1.0720. However, the price might drop to 1.0620 and continue the downtrend without testing the […]