News

Aug 28
The cryptocurrency market digest (BTC, WLD). Overview for 23.08.2023

The BTC exchange rate is stagnant on Monday, hovering around 26,020 USD. The weekly loss is estimated at 0.17%. Nothing has changed: the flagship cryptocurrency shows no movement compared to recent days. Market activity has markedly decreased. The support level remains at 25,250 USD, with the next one at 23,350 USD. The market lacks sufficient […]

Aug 28
Ichimoku Cloud Analysis 28.08.2023 (EURUSD, NZDUSD, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD has secured above the Tenkan-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 1.0845 is expected, followed by a decline to 1.0650. An additional signal confirming the decline will be a rebound from […]

Aug 28
Dollar Rally Pause: What to Expect in the Near Future

The dollar is attempting to consolidate its gains on Monday after breaking above the upper bound of a key bearish channel: In the search for bullish entry points, attention should be paid to the same upper channel bound, which now has a high chance of acting as a support line. On the chart, this corresponds […]

Aug 28
AUDJPY H4 | Falling to Fibo confluence support

TitleAUDJPY H4 | Falling to Fibo confluence support TypeBullish Bounce Preference: Price is falling towards the pivot point of 93.744 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection levels. Price could potentially reverse from here and  we could see momentum carry price […]

Aug 28
Technical Analysis & Forecast 28.08.2023

EURUSD, “Euro vs US Dollar” EURUSD has performed a wave of decline to 1.0765. Today the market is forming a structure of correction to 1.0815 (with a test from below). Next, a decline to 1.0740 is expected, from where the trend might continue to 1.0711. This is a local target. GBPUSD, “Great Britain Pound vs […]

Aug 28
DE30EUR H4 | Potential Bearish reaction off pivot?

TitleDE30EUR H4 | Potential Bearish reaction off pivot? TypeBearish Reversal Preference:Price is currently in a short-term bullish momentum, and could reach our pivot point at 15993.45, which is at the 50% fibo retracement and 100% fibo projection, before becoming bearish. There is fibo confluence at the pivot point, hence price could react off that area. […]