EURUSD on Monday remains balanced. The current quote is 1.0900. The decline in investing activities because of Good Friday and the Easter holiday let the market major keep balance. The Friday statistics from the US almost went by unnoticed by the market participants. However, they still have a chance to play this data out in […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting after bouncing off the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0865 is expected, followed by growth to 1.1095. An additional signal confirming the decline will […]
EURUSD, “Euro vs US Dollar” On H4 near the resistance, EURUSD has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1.0860. However, the price may grow to 1.0990 and continue the uptrend without testing the support. USDJPY, […]
EURUSD, “Euro vs US Dollar” On H4, the quotes have rebounded from 8/8 (1.0986), which indicates the development of a correctional decline in the price. The RSI has broken the support line. In these circumstances, a test of 6/8 (1.0864) is expected, after which the price could break it and fall to the support at […]
The BTC on Monday saw an increase to 28,272 USD. The weekly rise in the leading cryptocurrency amounts to 2.18%. It should be noted that over three weeks starting on 23 March, trade volumes of the BTC have dropped almost five times, currently being about 75 thousand BTC a day. This fact might be a […]
The BTC on Friday dropped to 27,935 USD. The leading cryptocurrency goes on fluctuating in a rather narrow range. On the one hand, this has to do with the expected slump in investing activity: it is Good Friday today in most European countries, the US, and Australia. On the other hand, buyers failed to use […]
The situation with the unemployment claims in the US is, indeed, weird. For many weeks, this report used to be a stronghold of stability and optimism that represented confidence of the employment sector. Everything changed last week, when the figure of primary claims sky-rocketed to 246 thousand from the average median value of 195-200 thousand. […]
Brent On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI is approaching the support line. A test of 4/8 (87.50) should be expected, followed by growth to the resistance at 5/8 (90.62). The scenario can be canceled by a breakout of 3/8 (84.38) downwards. In […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of correction to 1.0936. Today the price could fall to 1.0899. Then a link of growth to 1.0938 is not excluded, followed by a drop to 1.0850. The target is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues forming […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2395 is expected, followed by growth to 1.2685. An additional signal confirming the decline will be a rebound from […]