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 […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Hammer reversal pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The target for the correction could be 1.3545. Then the price could rebound from this level and go on with the downtrend. However, the price may drop […]
The Australian dollar against the US dollar has been declining for three days in a row. The current quote is 0.6689. Aussie got under pressure after the governor of the Reserve Bank of Australia Philip Lowe announced the decision to make a pause in lifting the interest rate. Before that, the rate had grown ten […]
EURUSD on Thursday is stable. The current quote is 1.0890. The data published yesterday demonstrated that the ADP private employment index in the US in March had grown by 145 thousand while an increase by 200 thousand had been expected. The bad impression was smoothed out by the revision of the previous report: it changed […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0906. Today the market is forming a consolidation range around this level. The price could decline to 1.0840. Next, a link of growth to 1.0960 is not excluded. After the price reaches this level, a wave of decline to 1.0780 […]