EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of a declining wave to 1.0222. Today a link of correction to 1.0277 is not excluded (a test from below). Then falling to 1.0160 should follow. from where the wave might continue to 1.0111. The goal is local. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” The pair is correcting inside a bullish channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower border of the Cloud at 1.0125 is expected, followed by growth to 1.0575. An additional signal confirming the growth will be a bounce off the […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which means the uptrend is prevailing. The RSI is nearing the support line. A test of 4/8 (1.0253) should be expected, followed by a bounce off it and growth to the resistance level of 6/8 (1.0498). The scenario can be […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the currency pair has formed a Shooting Star reversal pattern. Currently, the pair is going by the signal, continuing a correction wave. The goal of the decline might be 1.0210. However, the price may grow to 1.0440, break through it, and continue the uptrend […]
The BTC is falling again. On Monday, the leading crypto is aiming at 16,025 USD; the market is looking for safe havens, as far from risks as possible. Ten days have passed since the crash of the FXT exchange and the overall withdrawal of crypto assets from the market. Clearly, the market is left alone […]
On Monday, the market major is retracing. The current quote is 1.0250. On platforms, interest is growing towards safe haven assets, and the USD thus becomes the unquestionable leader of demand. Firstly, this change is connected to the news from China. All hopes on the Chinese government giving up the zero tolerance regime, have faded. […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0280. Today we expect a consolidation range to develop around this level. With an escape from the range downwards, a pathway to 1.0165 will open. The goal is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues […]
NZDUSD, “New Zealand Dollar vs US Dollar” The pair is correcting in a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.6075 is expected, followed by growth to 0.6355. An additional signal confirming the growth will be a bounce […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Currently, the pair may go by the reversal signal in an ascending wave. The goal of the growth will be 1.3410. Next, the price may bounce off it and extend the downtrend. However, the price […]
On Friday, the market major is balancing in a vacuum. The current quote is 1.0370. According to a Reuters poll, the US Federal Reserve System at the December meeting is expected to lift the interest rate by 50 points. However, the peak of the interest rate may be much higher. So, by the end of […]