News

On Monday, the market major is neutral. The current quote is 1.0630. The Catholic World is celebrating Christmas. Hence, many markets are shut down on Monday and Tuesday; there are no events or statistics. After such a volatile year, it is high time to slow down. Until Thursday, the macroeconomic calendar will be empty. Next, […]

EURUSD, “Euro vs US Dollar” The currency pair continues consolidating above 1.0600. Today it may grow to 1.0642. After this level is reached, a new structure of decline to 1.0550 might develop, followed by a correction to 1.0595 (a test from below). Then a decline to 1.0460 should follow. The goal is first. GBPUSD, “Great […]

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The quotes may now go by the pattern in an ascending wave. The goal of the growth will be 1.3690, and later the price may break through the resistance level and extend the uptrend. […]

GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is pushing off the Tenkan-Sen line of the indicator. The instrument is going under the Ichimoku Cloud, which means a downtrend. A test of the Kijun-Sen line is expected at 1.2080, followed by falling to 1.1805. An additional signal confirming the decline will be a […]

EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has bounced off the support level. In the end, the quotes are expected to rise above 7/8 (1.0620) and next grow to the resistance level of 8/8 (1.0742). The scenario can be […]

The crypto sector in enveloped in Christmas spleen. There have been no activity for days, and investors show no reaction even to somewhat good news about the FXT founder. It seems that this will not change until the beginning of January, if no major events occur. The BTC is balancing near 16,842 USD. Over a […]