GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold below the support level. The instrument is going below the Ichimoku Cloud, which implies a downtrend. A test of the Tenkan-Sen line at 1.2225 is expected, followed by a decline to 1.2005. An additional signal confirming the decline could be a rebound from […]
The Japanese yen in pair with the US dollar continues to depreciate. The current USDJPY exchange rate stands at 148.84. Consequently, the yen is gradually but steadily approaching the 150.00 mark. This trend can be attributed to the steadfast commitment of the Japanese monetary authorities to maintain ultra-loose fiscal policies. Market participants view the 150.00 […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0575. Today a consolidation range could develop above this level. A link of growth to 1.0616 (a test from below) is not excluded, followed by a decline to 1.0556 with the trend potentially continuing to 1.0550. This is the first target. GBPUSD, […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI has broken the support line. In this situation, the price is expected to break the 2/8 (0.6408) level downwards and fall to the support at 0/8 (0.6347). The scenario can be cancelled by […]
The Japanese yen in the USDJPY pair remains at a ten-month low. The current USDJPY exchange rate stands at 148.40. The Friday meeting of the Bank of Japan concluded without surprises, with the interest rate remaining at -0.10% annually. The regulator’s comments provided clear indications of its readiness to alter the monetary policy structure. Meanwhile, […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, the price is expected to break the 2/8 (1.0682) level downwards and fall to the support at 1/8 (1.0559). The scenario can be cancelled by breaking […]
BTC’s price has dropped to 26,181 USD. Previously, investors observed another exchange attempt to initiate a buying spree. Unfortunately, it concluded much like the previous attempts: BTC made some gains but could not maintain them at the levels reached, ultimately retracing to its initial position. From a fundamental perspective, there have been no groundbreaking developments […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which implies a downtrend. A test of the lower boundary of the Cloud at 1.0680 is expected, followed by a decline to 1.0515. An additional signal confirming the decline could be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD continues to develop a consolidation range around 1.0646. Today the range could expand upwards to 1.0677. A link of decline to 1.0606 is expected next. After the price reaches this level, a wave of growth to 1.0760 could begin. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues to […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. At the current stage, the instrument is going by the reversal signal in an ascending wave. The pullback target might be the resistance level of 1.0700. However, the price could fall to 1.0590 and continue the downtrend […]