Category: Technial Analysis
On Monday, the BTC is growing, though yesterday the market had its doubts about this being possible. Main movements concentrate around $31,181. $29,000 remains an important threshold. Any steps over it downwards will become a bearish signal for a decline to $28,000, from where there will be a lot of chances for falling to $20,000. […]
EURUSD had to fall amid global risk aversion. The major currency pair is consolidating on Monday. The current quote for the instrument is 1.0732. The key reason for this decline is another global risk aversion. At the same time, the US bond yield is rising and providing the “greenback” with significant support. In addition, the […]
Gold prices rose about $5, during trading today, Monday, June 6, 2022, supported by a slight decline in the dollar price and US Treasury bond yields. This comes despite the fact that the outlook for the yellow metal has been subject to sharp increases in interest rates by central banks. Gold Prices Today The price […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the cloud’s downside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2530 and then resume moving upwards to reach 1.2825 Another signal in favour […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the support area. At the moment, the asset is reversing in the form of a new ascending impulse. In this case, the upside target may be the resistance level at 1885.50. At […]
Несмотря на слабые данные ADP, отчет по рынку труда в США в пятницу не подтвердил опасения рынка, что экономика США начала прогибаться под гнетом инфляции. Рост рабочих мест составил 390К и превысил прогноз, оплата труда тем не менее замедлилась до 0.3% (прогноз 0.4%). Фондовые рынки тем не менее отреагировали негативно, так как отчет NFP не […]
Type: Bearish MomentumKey Levels:Resistance: 17.430Pivot: 16.990Support: 16.440Preferred Case:On the H1, price is moving below the ichimoku cloud and has broken out from the ascending channel which supports our bearish bias that price will drop from our pivot at 16.990 in line with the pullback resistance and 78.6% fibonacci retracement to the 1st support at 16.440 […]
Type: Bullish BounceKey Levels:Resistance: 1903.2 Pivot: 1867.7Support: 1829.8Preferred Case:On the H4, with MACD moving in a bullish momentum, we have a bullish bias that price will rise from our pivot at 1867.7 where the horizontal pullback resistance is to our 1st resistance at 1903.2 where the horizontal swing high resistance, 100% fibonacci projection and 50% […]
Market confidence in aggressive tightening of monetary policy by the European Central Bank has increased sharply this week. As early as Thursday, the market expected that the ECB will increase interest rate by 50 bp by the end of this year, however already on Friday, interest rate futures priced that the rate hike will occur […]
Type: Bullish RiseKey Levels:Resistance: 51545Pivot: 51303Support: 51141Preferred Case:Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 51303 where the pullback support is to the 1st resistance at 51545 in line with the swing high resistance, 78.6% […]