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EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0611 and a link of correction to 1.0659. Practically the market has set the borders of a consolidation range. With an escape upwards, a pathway to 1.0730 will open. With an escape downwards, the wave might extend to 1.0592. And if […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is pushing off the support level. The pair is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 1.2070, followed by falling to 1.1785. An additional signal confirming the decline will be a […]
Type: Bullish Continuation Key Levels:Resistance: 1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 […]
The Japanese yen against the US dollar remains strong. The current quote is 132.89. A week has passed since the intervention of the BoJ, and the yen has renewed the highs of the last 4 months. Now it is going back very smoothly and almost unnoticeably. Meanwhile, it must be admitted that the interventions had […]
Type: Bullish Continuation Key Levels:Resistance: 1508.75Pivot: 1469.00Support: 1423.25 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and […]
Type: Bullish Rise Key Levels:Resistance:3.9600Pivot:3.6885Support:3.5545 Preferred Case:Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 3.9600, where the previous swing high is. Alternative […]