News

XAUUSD, “Gold vs US Dollar” Gold has formed a Falling Star reversal pattern near resistance. At this stage, the signal from the reversal candlestick pattern could go in a downward wave. The 1860.00 level will be the target for the decline. After the support is tested, the price has a chance to rebound from it […]

The BTC exchange rate experienced a difficult weekend. There was both a drop and a subsequent recovery. By Monday, the flagship cryptocurrency had risen to USD 22,484. The strengthening over the last 24 hours is around 10%. BTC has regained its correlation with the US stock market, and the good news this morning from this […]

EURUSD recovered strongly on Monday. The current quote in EURUSD is 1.0720. The market is “full of nervousness and doubt”. A closed extraordinary meeting of the US Federal Reserve is scheduled for Monday. The official agenda suggests that the parameters for the federal funds rate within the banking system will be discussed. However, given the […]

The Japanese yen is retreating from the US dollar again. The current quote is 136.66. On Friday, the Bank of Japan had a meeting that ended in nothing. The interest rate remains at -0.10% per annum, as expected. The treasury bond yield control policy saw no changes either. In the comments, the BoJ highlighted that […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0589. At the moment, a consolidation range is forming around this level. An escape downwards and further development of the wave to 1.0470 is expected. The target is local. After this level is reached, a link of growth to 1.0570 […]

We would like to start with some good news but we do not have any. By Friday, the BTC has dropped to 19,870 USD, breaking through the stop area directly down. Sales in the BTC sped up after the leading crypto broke through 21,350 USD. The inner tension is growing. It seems that this is […]