The BTC has failed to continue the crazy growth begun earlier. Well, over the week, the BTC has declined, though the trend started quite cheerfully. The growth shrunk to 13%, while the leading crypto got suspended near 20,900 USD. The range of 20,250-20,550 USD is worth keeping an eye on. If the market aims down, […]
XAUUSD, “Gold vs US Dollar” At the resistance level, gold has formed a Shooting Star reversal pattern. The pair is currently going by the pattern in a descending wave. The goal of the correction might be 1915.00. Upon testing the support level, the pair may bounce off it and continue the uptrend. However, the quotes […]
Brent On H4, the quotes are above the 200-day Moving Average, implying an uptrend. The RSI has risen above the resistance line. A breakaway of 8/8 (87.50) upwards should be expected, followed by growth to the resistance line of +1/8 (89.06). The scenario can be cancelled by a downward breakaway of the support level at […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the Kijun-Sen line at 1.2310 is expected, followed by growth to 1.2655. An additional signal confirming the growth will be a […]
EURUSD, “Euro vs US Dollar” The currency pair has demonstrated a link of growth to 1.0842. This structure is iinterpreted as a correction of the previous structure of decline. Today a new link of decline to 1.0765 is beginning. The goal is first. Then a correction to 1.0830 and a wave of decline to 1.0690 […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth ti 1.0886. A wave of decline to 1.0765 is forming today. Then a correction to 1.0826 should follow. Next, a wave of decline to 1.0703 might form. The goal is local. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, which indicates a downtrend. The RSI has bounced off the resistance line. As a result, a downward breakaway of 2/8 (0.9155) is expected, from where the pair is to fall to the support level of 0/8 (0.9033). The scenario […]
EURUSD keeps fluctuating at big amplitude. The current quote is 1.0800. The yield of treasury bonds in the US dropped quite a bit yesterday, pulling the USD down. Investors are nervous that recession in the US economy might grow, especially after statistics gave such signals. So, the news is as follows. Retail sales in the […]
EURUSD, “Euro vs US Dollar” The currency pair is testing the the support area. The instrument is going above the Ichimoku Cloud, implying this an uptrend. A test of the upper border of the Cloud is expected at 1.0780, followed by growth to 1.1030. An additional signal confirming the growth will be a bounce off […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0765, bounce off it, and continue the uptrend […]