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EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which reveals a downtrend. A test of the lower boundary of the Cloud at 1.0765 is expected, followed by a decline to 1.0565. An additional signal confirming the decline could be a rebound […]

EURUSD, “Euro vs US Dollar” EURUSD quotes are in the oversold area on H4. The RSI has broken the resistance line. In this situation, a breakout of 0/8 (1.0742) is to be expected, followed by a price rise to the resistance at 1/8 (1.0803). The scenario can be cancelled by a downward breakout of the […]

Dollar Stalls on JPY Drive The US Dollar is starting the week under pressure. The DXY has fallen around 0.6% from last week’s highs across early European trading on Monday. Hawkish comments from BOJ’s Ueda have fuelled a narrowing of the US/Japan yield spread which is driving JPY high, weighing on the Dollar. The main […]

TitleGBPJPY H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference:Price is reacting to our pivot point at 182.91, which is a pullback support level, aligning with the 61.8% fibo retracement and 61.8% fibo projection. If price closes above the pivot point, then price could rise towards the 1st resistance at 184.19, which is a […]

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