GBPUSD GBPUSD is testing the Tenkan-Sen line of the indicator, going above the Cloud, which indicates an uptrend. A test of the Kijun-Sen line is expected at 1.1600, followed by growth to 1.2175. An additional signal confirming the growth will be a bounce off the lower border of the ascending channel. The scenario can be […]
The British pound against the US dollar is at the highs since the end of August. The current quote is 1.1789. The main trigger for the growth of the GBP is the weakness of the USD. This is the factor that has let the pound climb up so high. Fundamentally speaking, there are very few […]
EURUSD, “Euro vs US Dollar” The currency pair completed a wave of growth to 1.0360. At the moment, the market is forming a consolidation range under this level. Today we expect an escape downwards to 1.0145, followed by growth to 1.0260 and a decline to 1.0080, from where the wave may continue to 1.0000. GBPUSD, […]
BRENT On H4, Brent quotes have broken through the 200-day Moving Average and are now below it, which signifies possible development of a downtrend. The RSI is testing the resistance line. In such circumstances, we should expect a downward breakaway of 6/8 (93.75) and subsequent falling to the support level of 5/8 (90.62). The scenario […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the reversal signal in the form of a correctional wave. The goal of the decline will be 1.0170. However, the price may grow to 1.0310, break through this level, and […]
EURUSD, “Euro vs US Dollar” The pair has completed a wave of growth to 1.0210. At the moment, the market is forming a consolidation range around this level. Today we expect the range to expand to 1.0240. Then a decline to 1.0120 might follow. In case the range is escaped downwards, a pathway to 1.0000 […]
EURUSD, “Euro vs US Dollar” The currency pair is growing inside a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the signal lines of the indicator at 1.0055 is expected, followed by growth to 1.0525. An additional signal confirming the growth will be a bounce off […]
The BTC has returned to 17,360 USD, but the week has been unbelievably volatile and tough. The turmoil might be not over yet: cryptocurrencies have proved fragile again, and this might be a turning point for the market trust to digital assets. Over the week, the BTC lost 15.6%. Today the capitalisation of the crypto […]
On Friday, the market major is heading up. The current quote is 1.0260. The market is buying actively because the attitude to the future actions of the Federal Reserve System has changed. After the inflation statistics in October for the currency sector were published, a whole revolution happened. So, the CPI in the US over […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes of the pair and the RSI are nearing the oversold area. Currently, we should expect a test of 0/8 (0.9765), a bounce off it, and growth to the resistance level of 2/8 (1.0009). The scenario can be cancelled by a downward breakaway of the support […]