Category: Technial Analysis

Mar 28
Technical Analysis & Forecast 28.03.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0823. By now, it has expanded the range downwards to 1.0808. Today the market has performed a technical test of 1.0823 from below. With an upward escape from the range, a further correction towards 1.0860 is not excluded. With a downward […]

Mar 28
EUR continues to lose weight. Overview for 28.03.2024

The primary currency pair is heading downwards on Thursday. The current EURUSD exchange rate stands at 1.0823. Overall, the market sentiment easily fits into consolidation as the decline does not appear agitated. Investors are conserving energy before new economic statistics from the US are released, particularly before tomorrow’s Core PCE report. This is the Federal […]

Mar 28
Easter Holiday Schedule 2024

Dear Valued Client, Please note that in connection with Good Friday and Easter Holidays, the time of trading sessions of the following instruments will be affected as follows Asset class Instrument Thursday 28 Mar 2024 Friday 29 Mar 2024 Monday 1 Apr 2024 Forex FX Pairs Normal Hours Normal Hours Normal Hours Cryptos All Cryptos […]

Mar 28
GBP is pulling down again. Overview for 27.03.2024

The UK pound sterling, paired with the US dollar, returned to decline. The current GBPUSD exchange rate stands at 1.2616. The Bank of England may ultimately outpace the US Federal Reserve and the ECB in softening monetary policy. At the March meeting, the BoE left the interest rate unchanged at 5.25% per annum and maintained […]

Mar 28
Murrey Math Lines 27.03.2024 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are in the overbought area on D1. The RSI is approaching the overbought area. In this situation, the price is expected to rebound from the +1/8 (151.56) level and decline to the support at 7/8 (148.43). The scenario could be cancelled by rising above the +1/8 (151.56) […]

Mar 28
Technical Analysis & Forecast 27.03.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0863 and performed a decline wave to 1.0820. A consolidation range is currently forming above this level. With an upward escape from the range, a correction link towards 1.0840 is not excluded. With a downward breakout, the potential for a decline to 1.0805 might open, […]

Mar 28
Japanese Candlesticks Analysis 27.03.2024 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument continues to go by the reversal signal in an ascending wave. The growth target could be 1.3635. Next, the price might break above the resistance and maintain its upward trajectory. However, the quotes could undergo a correction […]

Mar 27
JPY is the worst-performing currency of the quarter. Overview for 27.03.2024

The Japanese yen resumed weakening against the US dollar. The current USDJPY exchange rate stands at 151.75. The latest economic data from the US has cast doubt on whether the Federal Reserve will decide to lower interest rates soon, which pushed the JPY to a 30-year low. The current levels are the ones at which […]

Mar 27
Ichimoku Cloud Analysis 27.03.2024 (EURUSD, USDJPY, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD has secured below the signal lines of the indicator. The pair is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Tenkan-Sen line at 1.0850 is expected, followed by a decline to 1.0730. An additional signal confirming the decline will be a rebound from […]

Mar 18
Ichimoku Cloud Analysis 18.03.2024 (EURUSD, USDCAD, XAUUSD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the lower boundary of the bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the upper boundary of the Cloud at 1.0915 is expected, followed by a decline to 1.0780. An additional signal confirming the decline could […]