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AUD Firmer on Tuesday The Aussie Dollar is starting the week on a slightly firmer footing. Following the breakdown below the .6520 level in the middle of the month the sell off has since stalled with the pair consolidating below the level for now. On the back of the heavy decline from the .6857 level […]
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USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Harami reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be 1.3550. Next, the price might rebound from the support level and continue the uptrend. However, the quotes could rise to 1.3660 without […]
EURUSD, “Euro vs US Dollar” EURUSD are approaching the oversold area. The RSI is testing the resistance line. In this situation, a test of 0/8 (1.0742) is expected, followed by a rebound from this level and a rise to the resistance at 2/8 (1.0864). The scenario can be cancelled by a downward breakout of the […]
The BTC exchange rate is stagnant on Monday, hovering around 26,020 USD. The weekly loss is estimated at 0.17%. Nothing has changed: the flagship cryptocurrency shows no movement compared to recent days. Market activity has markedly decreased. The support level remains at 25,250 USD, with the next one at 23,350 USD. The market lacks sufficient […]
EURUSD, “Euro vs US Dollar” EURUSD has secured above the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.0845 is expected, followed by a decline to 1.0650. An additional signal confirming the decline will be a rebound from […]