The Japanese yen against the US dollar remains at its four-month peaks. The current quote is 132.00. The BoJ decided to gain more control over the bond yield, and this decision will be affecting the market for quite long. It corrected long-term interest rates, giving them more space to grow than previously. This mechanism is […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range above 1.0595. With an escape downwards, a pathway for a wave of decline to 1.0530 will open. After this level is reached, a link of correction to 1.0595 is not excluded (a test from below), followed by a decline to 1.0460. The […]
Cryptocurrencies have returned to sideways movements. On Wednesday, the BTC is balancing near 16,842 USD and growing purely symbolically. Technically speaking, the BTC may rise to 17,500 USD but needs to use the day impulse for this. Otherwise the market will remain without course. For now, buyers are quite unlucky. However, they have enough strength […]
The market major has been consolidating in a narrow range for several days. The current quote is 1.0620. As was said earlier, EURUSD investors have already got all the facts they might need. Theoretically, situation there must be stable until Christmas. The statistics from yesterday was quite curious. For example, new house foundations in the […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a wave of decline to 1.0530.After this level is reached, a link of correction to 1.0590 is not excluded, followed by falling to 1.0460. The goal is first. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues declining to 1.2020. After this level […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has left the borders of a bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2160 is expected, followed by falling to 1.1725. An additional signal confirming the decline will be a bounce off the […]
The Japanese yen has grown quite a bit against the US dollar. The current quote is 132.60. At today’s meeting, the BoJ decided to keep the interest rate without a change at -0.10% a year. What came as a surprise was the announcement of an unlimited purchase of one to five-year bonds. The sum meant […]
On Tuesday, the British pound against the US dollar is neutral. The current quote is 1.2160. The statistics published yesterday demonstrated that the CBI production order balance in Britain in December had dropped to -6 points from -5 points previously. However, the statistics turned out better than expected because the forecast was -10 points. Previous […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, AUDUSD quotes have broken through the 200-day Moving Average and are resting under it, which hints on possible development of a downtrend. The RSI is nearing the oversold area. A downward breakaway of 5/8 (0.6652) is expected, followed by falling to the support level of 4/8 (0.6591). […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a declining impulse to 1.0596. Today the market is forming a consolidation range around this level. The range is expected to expand to 1.0573. Then growth to 1.0596 and a decline to 1.0530 should follow. The goal is local. GBPUSD, “Great Britain Pound vs US […]