News
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Kijun-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.2365 is expected, followed by a decline to 1.2245. An additional signal confirming the decline will be a rebound […]
The Japanese yen, paired with the US dollar, paused in the morning but has since resumed its decline. The current USDJPY exchange rate stands at 154.78. Today, the USDJPY pair reached a new 34-year high of 154.80, prompting further commentary from Japanese policymakers within the framework of verbal interventions. Japan’s finance minister, Shunichi Suzuki, referred […]
EURUSD, “Euro vs US Dollar” The EURUSD pair is correcting after a rebound from the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of lower boundary of the Cloud at 1.0675 is expected, followed by a decline to 1.0535. An additional signal confirming the […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is approaching the resistance line. In this situation, the price is expected to test the 4/8 (1.0772) level, rebound from it, and decline to the support at 2/8 (1.0498). The scenario might be cancelled […]
The Australian dollar, paired with the US dollar, looks neutral on Monday. The current AUDUSD exchange rate stands at 0.6437. The Aussie is showing moderate gains today but remains confined within a narrow trading range. The local improvement is due to the stabilisation of investors’ risk appetite and the improvement of the global geopolitical situation, […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 1.3800. Next, the price might break above the resistance level and continue its upward momentum. However, the quotes could correct to 1.3690 […]