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EURUSD, “Euro vs US Dollar” The currency pair completed a wave of decline to 1.0940. Today the market has performed a link of correction to 1.0976. A new structure of decline is expected to develop to 1.0933. This is a local target. After the price reaches this level, a correction to 1.0933 could develop, followed […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, indicating an uptrend’s prevalence. The RSI has broken the resistance line. In this situation, the quotes are expected to break the level of 4/8 (1.0986) and reach the resistance level of 6/8 (1.1108). The scenario can be cancelled by a […]

US CPI On Watch  Today’s US inflation reading comes at an interesting time for the market. Against a backdrop of the ongoing debt ceiling standoff, USD has stagnated in recent sessions. Indeed, looking at the DXY chart we can see that the Dollar has been stuck around current levels for the last 5 weeks, during […]

Muted Action in Markets Following US Jobs – CP In Focus This Week We’ve seen a rather muted start to the week for equities markets on the back of the volatility seen on Friday. The latest round of US jobs data provoked a sharp rally across the board as investors cheered a solid set of […]

The most traded currency pair declined on Wednesday. The current EURUSD quote is 1.0970. Tensions on the market have been high in the last week while everyone was awaiting the Fed’s decision on the interest rate, followed by the expectation of the US labour market statistics for April. Market participants are now following the public […]

The BTC exchange rate fell to 27,621 USD on Wednesday. The loss of the leading cryptocurrency for the week is 3.4%. When interest in meme coins skyrocketed, the processes of conducting transactions in the BTC became so difficult that the Binance exchange decided to suspend them in an attempt to prevent long queues. This caused […]