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EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0666. A link of decline to 1.0590 might follow today (with a test from above). Next, a link of growth to 1.0680 is not excluded. After the price reaches this level, a decline to 1.0497 could follow. Practically, a wide consolidation range […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has found a foothold above the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the lower boundary of the Cloud is expected at 1.2130, followed by a rise to 1.2365. An additional signal confirming […]

TitleEURJPY H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference: Price created a lower high and could potentially fall to our pivot point at 158.98, which is an overlap support level, aligning with the 61.8% fibo retracement and 61.8% fibo projection. If price bounces off our pivot point, then we can expect price to […]

TitleUSDCAD H4 | Potential support within bullish Ichimoku Cloud TypeBullish Bounce Preference:Price is falling towards the pivot point of 1.37357 which is an overlap support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.38202 which is a pullback resistance that aligns with the 50.0% […]

XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer reversal pattern. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 2025.00. Upon testing the resistance, the price might break it and continue developing the ascending wave. However, the quotes could pull back to 1965.50 before […]

Brent Brent quotes are under the 200-day Moving Average in H4, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a test of 4/8 (87.50) is expected, followed by a rebound from this mark and a decline to the support at 2/8 (84.38). The scenario can be […]