EURUSD, “Euro vs US Dollar” The currency pair is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, implying an uptrend. A test of the Kijun-Sen line is expected at 1.0775, followed by growth to 1.1005. An additional signal confirming the growth will be a bounce off the […]
The market major sticks to the peaks of April. The current quote is 1.0860. The USD remains stressed by the market expectations of the upcoming end of the tight monetary policy of the Federal Reserve System as long as inflation in the country is slowing down. After the December report on the CPI was published, […]
On Monday, the leading crypto has grown to 21,150 USD. Growth over the week amounted to 22.64%, the main part of this happening over the last four days. Since the beginning of the year, the BTC has grown by more than 28.00% – and this has happened on a low-liquid market. Buyers went through all […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are in the overbought area. A divergence has appeared on the RSI. As a result, a bounce off +1/8 (1.0864) is to happen, followed by falling to the support level of 7/8 (1.0620). The scenario can be cancelled by rising over the resistance level of +1/8 […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Hanging Man reversal pattern. The pair may now go by the signal in a correctional wave. The goal of the pullback might be 1.0800. However, the pair may grow to 1.0930, break through it, and continue the uptrend without […]
EURUSD, “Euro vs US Dollar” The currency pair has reached the main goal of the wave of growth at 1.0871. Today a wave of decline to 1.0700 may begin. Then growth to 1.0800 and a decline to 1.0660 may follow, from where the trend might continue to 1.0480. GBPUSD, “Great Britain Pound vs US Dollar” […]
GBPUSD, “Great Britain Pound vs US Dollar” The currency pair is testing the upper border of the bullish channel. The instrument is going above the Ichimoku Cloud, which implies an uptrend. A test of the Kijun-Sen line is expected at 1.2175, followed by growth to 1.2365. An additional signal confirming the growth will be a […]
The BTC grew to 18,813 USD. Weekly growth amounts to 11.9%. As long as the market closed the previous session above the resistance level at 18,500 USD, buyers may freely set new goals. Now they may reach 21,500-22,000 USD. Currently, the BTC correlates with the US stock indices (S&P 500 and Nasdaq) by more than […]
On Friday, the market major sticks to its local h8ghs. The current quote is 1.0840. The main event of the previous trading session was the publication of the US inflation reports. This was beautiful. The CPI in December dropped to 6.5% y/y as expected from 7.1% previously. Monthly speaking, inflation decreased by 0.1% after an […]
BRENT On H4, the quotes have broken through the 200-day Moving Average and are now below it, indicating possible development of a downtrend. The RSI is nearing the support level. The quotes are expected to rise above 6/8 (84.38) and then grow to the resistance level of 8/8 (87.50). The scenario can be cancelled by […]