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EURUSD, “Euro vs US Dollar” The currency pair completed a structure of a wave of growth to 1.1094. At a certain point, the market formed a consolidation range under this level. The quotes could drop to 1.1030 today. And if this level breaks as well, a pathway down to 1.0966 could open. GBPUSD, “Great Britain […]

TitleGBPUSD H1 | Bounce off from support level TypeBullish Bounce Preference:Price is approaching our pivot point at 1.24461 which is an overlap support level that lines up with 50% Fibonacci retracement.  A reverse from here it could rally to 1st resistance at 1.24958 which is swing high resistance level. Alternative scenario:However, if it breaks below […]

TitleBCOUSD H4 | Potential bounce TypeBullish Bounce Preference:Price is approaching our pivot point of 77.526 and potentially reverse from here, we could see momentum carry price up to its 1st resistance of 80.905. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 75.8. To discuss this trading idea, head […]

The Japanese yen against the US dollar has grown moderately. The current quote is 133.70. Two days of rising for the JPY were interrupted, which is rather logical. On Friday, the currency will set medium-term prospects for itself. That is, a meeting of the Bank of Japan is scheduled for Friday. There are lots of […]

EURUSD on Thursday remains strong. The current quote is 1.1050. Last night, EURUSD rose to 1.1100, which is a local high. Though the pair failed to secure above this level, this seems to be just a matter of time. Fears about the extension of the US banking crisis are at the market upstage these days. […]

The FTSE Finish Line – April 26 – 2023 FTSE 100 Swoons For A Second Session, Testing Support The FTSE 100 is struggling for a second successive session, investors seemed spooked by banking concerns Stateside with First Republic Bank shares getting slashed again, repeatedly hitting circuit breakers as the shares already down 90% have shed […]