EURUSD, “Euro vs US Dollar” EURUSD has made a corrective movement to 1.0519. Today the market continues developing the rising movement to 1.0595. Next, a consolidation range could form around this level. With an escape upwards, the potential for a rising wave to 1.0670 might open. Next, a corrective link to 1.0595 is not excluded […]
The major currency pair appears neutral on Tuesday. The current EURUSD exchange rate stands at 1.0565. US treasury bond yields experienced a slight decline yesterday, coinciding with a drop in the value of the US dollar. In the absence of news and stock market information, investors were engaged with their preferred activity, namely looking for […]
XAUUSD, “Gold vs US Dollar” Gold has formed an Engulfing pattern near the resistance level. Currently, the instrument might go by the reversal pattern in a descending wave. The decline target could be 1835.00. Upon testing the support level, the price might break it and continue developing the descending wave. However, the quotes could pull […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is approaching the support line. In this situation, a downward breakout of the 6/8 (0.6408) level could be expected, followed by a decline to the support at 4/8 (0.6347). The scenario […]
XAUUSD, “Gold vs US Dollar” Gold is growing after a breakout of the lower Cloud boundary. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1870 is expected, followed by a decline to 1805. A signal confirming the decline could be a […]
EURUSD, “Euro vs US Dollar” EURUSD are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI has rebounded from the resistance line. In this situation, a downwards breakout of 6/8 (1.0498) is expected, followed by a decline to the support at 5/8 (1.0376). The scenario can be cancelled by […]
The BTC quotes on Monday are consolidating near 27,949 USD. Nothing happened in the cryptocurrency sector over the last few days. The market remains without a key idea. As one, it could have accepted the licensing of bitcoin ETF or investors massively fleeing from risks in fiat markets. However, nothing has changed yet. To proceed […]
EURUSD, “Euro vs US Dollar” EURUSD made a corrective movement to 1.0566 and a link of decline to 1.0482. Amid the news, the market performed a rising impulse to 1.0599 and is correcting it today. A link of decline to 1.0522 is not excluded today. After the correction is over, a rising link to 1.0685 […]
The major currency pair is declining on Monday. The current EURUSD exchange rate stands at 1.0550. The global market is escaping risks due to the escalation of a political conflict in the Middle East. Such aggravations primarily boost demand for safe-haven assets, including the US dollar. The statistics released in the US on Friday have […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper boundary of the Cloud at 1.0540 is expected, followed by a decline to 1.0375. An additional signal confirming the decline will be a rebound […]