EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0895 is expected, followed by a rise to 1.1115. An additional signal confirming the rise will be a rebound from the lower boundary of […]
On Tuesday, the primary currency pair is reaching new local peaks. The current EURUSD exchange rate stands at 1.0960. The catalyst remains the same – investors remain confident that the US Federal Reserve’s interest rate has reached its peak. Earlier, the market received confirming evidence from weak macroeconomic statistics. With no new statistics released, investors […]
The British pound sterling, paired with the US dollar, is actively appreciating. The current GBPUSD exchange rate stands at 1.2532. On one hand, the GBP is supported by a weak US dollar and swiftly regains its position. On the other hand, domestic news is also providing certain support. UK Prime Minister Rishi Sunak has announced […]
EURUSD, “Euro vs US Dollar” EURUSD quotes on H4 and the RSI are in their respective overbought areas. In this situation, a test of +2/8 (1.0986) is expected, followed by a rebound from it and a price decline to the support level of 8/8 (1.0742). The scenario can be cancelled by rising above the resistance […]
EURUSD, “Euro vs US Dollar” EURUSD has broken the upper boundary of the consolidation range, offering the market an extension of the wave to 1.0928. Next, a link of decline to 1.0893 is not excluded, followed by a rise to 1.0960. After the price reaches this level, a decline wave to 1.0823 could start. GBPUSD, […]
On Monday, the BTC exchange rate saw an increase to 37,215 USD. The weekly appreciation appears symbolic, falling just short of 1%. The daily surplus amounts to 1.8%. From a technical standpoint, the market is firmly heading towards 38,000 USD. A consolidation above this level could pave the way for a further rise to 42,000 […]
The primary currency pair is hovering near a two-month peak this Monday. The current EURUSD exchange rate stands at 1.0922. Market expectations have turned against the US dollar. Following the release of a series of weak macroeconomic reports in the previous week, including the inflation report, investors have begun to contemplate the outlook for monetary […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2445 is expected, followed by a rise to 1.2605. An additional signal confirming the rise will be a rebound from the lower […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument might go by the reversal signal in an ascending wave. The growth target could be 1.3780. Next, the price has a chance to break the resistance level and extend the uptrend. However, the quotes could pull back […]
The BTC rate is balancing around 36,422 USD by Friday. Yesterday, the market was buying, but, as it seems, the growing momentum has vanished. There were reasons for this. Meanwhile, technical levels are still relevant: first, the quotes need to establish a foothold near 38,000 USD, and then make an impressive push towards 42,000 USD. […]