XAUUSD, “Gold vs US Dollar” Gold has formed a Shooting Star reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a corrective wave. The pullback target might be 1965.00. Upon testing the support level, the price could get a chance to rebound from it and continue the uptrend. […]
The Australian dollar stopped declining against the US dollar. The current AUDUSD quote is 0.6829. The minutes of the last meeting of the Reserve Bank of Australia did not provide any clues. The monetary policy is currently restrictive, and the Central Bank is ready to continue it for as long as it takes. The Reserve […]
The major currency pair has not lost momentum by Tuesday and keeps ascending. The current EURUSD quote is 1.1250. The US dollar remains weak; the problem is in the expectations concerning the interest rate. In one way or another, market talks are mostly concentrated on the credit costs in the US and the Eurozone as […]
EURUSD, “Euro vs US Dollar” The currency pair has broken the high of the consolidation range and might extend it to 1.1288. After they reach this level, the quotes could drop to 1.1200. And if this level also breaks downwards, the potential for a wave of decline to 1.1000 could open. GBPUSD, “Great Britain Pound […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI is testing the support line. In these circumstances, the price is expected to break the 8/8 (0.6835) level and continue growing to the resistance level of +2/8 (0.6658). The scenario can […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper boundary of the Cloud at 1.1230 is expected, followed by a rise to 1.1345. An additional signal confirming the rise will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target could be the support level of 1.1200. However, the price might rise to 1.1320 and continue the uptrend without any […]
The BTC quotes on Monday are hovering near 30,313 USD. The market failed to continue skyrocketing though it still had all reasons to do so. Last week, the resounding victory of Ripple over the SEC in court provided the cryptocurrency sector with a mighty momentum. More than that, the crash of the USD also facilitated […]
The Australian dollar is correcting against the US dollar after rising in July. The current AUDUSD quote is 0.6808. The Australian dollar earlier hit a new high on 16 June this year, following which the market moved towards a correction. Today’s statistics from China turned out to be mixed. The only report that exceeded the […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.1244. Today the market is forming a consolidation range under this level. The range could later expand to 1.1278. Next, a decline to 1.1128 might follow, from where the wave of decline could continue to 1.1010. GBPUSD, “Great Britain Pound […]