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EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. The instrument may now go by the reversal signal in an ascending wave. The target for the growth will be 1.1035. However, the price could correct to 1.0895 and continue the uptrend after testing the support. […]

Stocks Rally On Strong US Earnings Season  Global equities benchmarks are mostly in the green across the early European trading on Tuesday. Stocks have been well supported in recent sessions by better-than-expected US earnings reports, headline by the strong performance from JP Morgan and Citigroup reported on Friday. Strong profits from key US banks is […]

What’s Driving USD? If you were looking at Friday’s US economic data, the rally in the US Dollar understandably looks a little confusing. Both headline and core retail sales were seen dropping deeper than expected into negative territory last month, suggesting concerning times ahead for the US economy. However, it was the bumper performance in […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of a declining wave to 1.0909. Today the market is forming a link of correction to 1.0950. After it is over, a wave of decline to 1.0886 could begin. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has extended the consolidation […]

The BTC by Monday has dropped to 29,931 USD. The weekly growth is estimated as 5.75%. Last week, as the catalyst for the growth of the BTC was the ETH altcoin. It was beautiful: a serious update took place in the Ethereum network, letting free the coins that had been frozen. But the market did […]

EURUSD on Monday remains cautious after sky-rocketing and correcting earlier. The current quote is 1.0980. The flow of statistics on Friday turned out, indeed, patchy. However, its components made the USD as relatively balanced as it can be. For example, retail sales in the US in March dropped 1% m/m instead of 0.4% forecast and […]