Category: Technial Analysis
EURUSD is heading down again. The current quote is 1.0660. Yesterday investors were busy analysing the PMI of the EU and the US, but the attitude of the Federal Reserve System remained in the focus of attention. The closer we come to the publication of the minutes of the last meeting, which is scheduled on […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. The RSI has bounced off the resistance line. A downward beakaway of 8/8 (134.37) is expected, followed by falling to the support level of 6/8 (132.81). The scenario can be cancelled by rising above the resistance level of +1/8 (135.15). […]
The New Zealand dollar has grown a bit against the US dollar in response to the RBNZ decision. The current quote is 0.6221. However, the medium-term trend remains as it was: the NZD needs a better foothold than the Reserve Bank of New Zealand can possibly give it. At today’s meeting the RBNZ made an […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0637. Today the market may perform a link of correction to 1.0666. Then the price might drop to 1.0586, and with a breakaway of this level a pathway down to 1.0579 should open. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD, “Euro vs US Dollar” On H4, at the support level the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the quotes may correct to 1.0620 and continue the uptrend after testing the support level. […]
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EURUSD, “Euro vs US Dollar” EURUSD is pushing off the signal lines of the Cloud. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0685 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a bounce […]
By the middle of the week, the BTC has dropped to 24,040 USD. Since yesterday, the leading crypto has lost more than 3.5% of the price. The market failed to reach 25,000 USD – an important resistance level that could open a pathway to 29,000-30,000 USD. Investors are considering the Fed’s monetary policy again and […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential Bullish Rise to Previous swing high TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for USDCAD is bullish as the current price is above Ichimoku cloud. […]