The BTC is correcting after preceding growth, on Monday balancing near 20,723 USD. Earlier the BTC rose to 21,258 USD. The rally – and for the crypto that had long been lingering to a narrow range this was a real rally – was based on rather good labour market statistics from the US. On Friday, […]
The market major starts the new week neutrally. The current quote is 0.9950. The statistics issued in the US on Friday turned out quite ambiguous. The unemployment rate in October grew to 3.7%, while a month ago it was 3.5%. The forecast had suggested growth to 3.6%. The NFP grew by 261 thousand against the […]
EURUSD, “Euro vs US Dollar” The pair has secured under the resistance level and is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 0.9885, followed by falling to 0.9605. An additional signal confirming the decline will be a bounce off the upper […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are above the 200-day Moving Average, which means the prevalence of an uptrend. The RSI has bounced off the support line and is going up gradually. Here we expect growth of the quotes to the nearest resistance level of 3/8 (1.0131). The scenario can be […]
XAUUSD, “Gold vs US Dollar” Gold has formed a Harami reversal pattern at the support level. Currently, it may go by the signal of the pattern in yet another correctional wave. The goal of the pullback will be 1645.50. Upon testing the resistance level, the price may bounce off it and continues the downtrend. However, […]
EURUSD, “Euro vs US Dollar” The pair has bounced off 0.9970 downwards. This practically opens a pathway down to 0.9684. After this level is reached, a link of correction to 0.9820 (a test from below) is not excluded. Next, a decline to 0.9565 should follow. GBPUSD, “Great Britain Pound vs US Dollar” The pair has […]
On Thursday, the Australian dollar against the US dollar is falling. The current quote is 0.6345. The morning trade balance statistics turned out interesting. In September, the results in Australia turned out better than expected. Export grew by 7% against 2.6% previously. Import dropped to 0% from 4.6% previously. The statistics could support the Aussie […]
On Thursday, the market major is depressed; the current quote is 0.9820. Yesterday the US Federal Reserve System completed its two-day meeting by lifting the interest rate to 4% annual. This is the high since 2008. The most important comment made right after the decision was announced touched upon the probability of further increases in […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptrend. The RSI is testing the support level. A movement towards 7/8 (148.43) should be expected, followed by a breakaway and growth to the resistance level of 8/8 (150.00). The scenario can be cancelled by […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1485 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce off […]