News
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, revealing the prevalence of an uptrend. A test of the upper boundary of the Cloud at 1.1015 is expected, followed by a rise to 1.1085. The growth could be additionally supported by […]
TitleGBPUSD H4 | Bullish bounce TypeBullish Bounce Preference:GBPUSD is bouncing off the pivot at 1.26957, the overlap support and is rising to 1st resistance at 1.27449, swing-high resistance. Alternative scenario:Price could breakout of pivot at 1.26957 and fall to 1st support at 1.26481, an overlap support. To discuss this trading idea, head over to Tickmill […]
TitleAUDUSD H4 | Potential bullish breakout TypeBullish Breakout Preference:AUDUSD could breakout of the pivot at 0.68152, the pullback resistance, and the price could rise to the 1st resistance at 0.68927, a multi-swing-high resistance. Alternative scenario: Price could reverse to the 1st support at 0.67282, a pullback support. To discuss this trading idea, head over to […]
TitleUSDCAD H4 | Bearish breakout TypeBearish Reversal Preference:USDCAD could continue with the downward momentum and breakout of the pivot at 1.3263, an overlap support, and price reversing to the 1st support at 1.30984, the overlap support. Alternative scenario:Price could bounce off the pivot at 1.3263, and rise to the 1st resistance level at 1.3363. the […]
TitleNZDUSD H4 | Bouncing off support line TypeBullish Bounce Preference:Price has bounced off the pivot at 0.62747, an overlap support, and is rising towards the 1st resistance, the swing-high resistance. Alternative scenario:NZDUSD could pull back from the pivot at 0.62747, and the price could fall to the 1st support at 0.62392, the overlap support level. […]
The main currency pair on Tuesday is growing. The current EURUSD exchange rate stands at 1.1023. The macroeconomic calendar is blank, apart from minor reports. There are no other developments either because the Catholic World partially continues its Christmas celebrations, and certain markets remain closed. The week before New Year is virtuous in its calmness. […]