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AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is pushing off the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper border of the Cloud at 0.6705 is expected, followed by falling to 0.6555. An additional signal confirming the decline will be […]

EURUSD, “Euro vs US Dollar” On H4 near the resistance, EURUSD has formed a Harami reversal pattern. The instrument may now go by the reversal signal in a descending wave. The target for the correction might be 1.0935. However, the pair may grow to 1.1040 and continue the uptrend without testing the support. USDJPY, “US […]

TitleUSDCAD H4 | Bullish momentum TypeBullish Breakout Preference:Price has stalled around the 61.8% Fibonacci retracement and is approaching our pivot level of 1.3462, we could see momentum carry price up to its 1st resistance of 1.3554. Alternative scenario:If price breaks below the pivot level, it could hit the 1st support of 1.34038. To discuss this […]

TitleUSDJPY H4 | Potential reversal from 50% Fibo TypeBearish Reversal Preference:Price has just reversed from our pivot pint at 133.819 which is an overlap resistance along with a 50% Fibonacci retracement.  A reverse from here it could drop to 1st support at 132.046 which is a swing low support level Alternative scenario:However, if it breaks […]

EURUSD, “Euro vs US Dollar” The currency pair is consolidating around 1.0915. Today the range could extend to 1.0935. Then a decline to 1.0882 and growth back to 1.0915 could follow. If the price breaks the range downwards, a new wave of decline to 1.0794 could begin. GBPUSD, “Great Britain Pound vs US Dollar” The […]

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes have broken the 200-day Moving Average and are now above it, which indicates possible development of an uptrend. The RSI has rebounded from the support line. In these circumstances, the quotes are expected to break 6/8 (134.37) and rise to the resistance at 7/8 (135.93). […]