Category: Technial Analysis

The main cryptocurrency is gradually declining. By Friday, the price is fluctuating around 19030 USD. The BTC is getting closer and closer to the strong support area of 18000-19000 USD. Let’s see if it holds back these not aggressive, but consistent bear attacks. The main market motive is still the expectation of a future interest […]

The British pound sterling is down against the US dollar on Friday. The current quote in GBPUSD is 1.1190. So, another political intrigue in the UK has been resolved. Prime Minister Liz Truss has resigned over the consequences of the economic programme she was promoting. “A ‘split’ in the ranks of the Conservative Party is […]

• Gold reversed from support level 1652.00 • Likely to rise to resistance level 1675.00 Gold recently reversed up from the key support level 1652.00 (which stopped the previous impulse wave (i) at the end of September), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1652.00 stopped the earlier […]

• USDCHF under bearish pressure • Likely to fall to support level 0.9930 USDCHF under the bearish pressure after the price reversed down from the major resistance level 1.0050 (which stopped all upward impulses from the middle of May). The resistance level 1.0050 was strengthened by the upper daily Bollinger Band and by the resistance […]

• Palladium reversed from support level 2000.00 • Likely to rise to resistance level 2150.00 Palladium recently reversed up from the round support level 2000.00 (which is the lower border of the sideways price range inside which the price has been moving from August). The support level 2000.00 was father strengthened by the lower daily […]

The main currency pair was slightly below previous levels by Thursday. The current quote in EURUSD is 0.9770. There was no particularly “minor” news on the ground. But investors were sensitive to the global “mood” and started to walk away from the risks. US statistics released the day before were mixed. The number of building […]

The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94. The devaluation of the yen is “in full swing” and this is now really scaring the monetary authorities in Japan. The situation is clearly spiralling out of control. This […]

EURUSD, “Euro vs US Dollar” EURUSD is out of a downward consolidation range. Today we expect a test from the bottom at 0.9797. Further down to 0.9720 with the prospect of trend continuation to 0.9710. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken down to 1.1260. We consider the possibility of a continuation […]

The Japanese yen paired with the US dollar has updated another low. The current quote in the USDJPY is 149.38. The depreciation of the yen seems to have gained a “second wind” – the rate of decline of the Japanese currency has increased recently. It is likely that this is due to the fact that […]

BTC did not rise following the stock market and even declined. The flagship cryptocurrency is holding around 19,157 USD on Wednesday. BTC’s correlation with the S&P 500 and Nasdaq indices has momentarily weakened. This is due to a lack of liquidity on the floor, as well as the formation of bearish signals on time frames […]