USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal, forming an ascending wave. The goal of growth will be 1.3690; it may be later broken away so that the price will continue the uptrend. However, the […]
The Australian dollar against its US colleague has stabilised after a wave of growth. The current quote is 0.6473. The Reserve Bank of Australia doubts the economic perspectives due to high inflation. In a tweet posted yesterday, the RBA still expresses its resignation to keep lifting the interest rate until inflation is brought to order. […]
EURUSD is above parity, waiting for decisive steps of the ECB. On Thursday, the market major continues its advance. The current quote is 1.0070. The main reason for the optimism of the EUR is rooted in the hope that the meeting of the European Central Bank scheduled for today will end up in some bright […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating an uptrend. The RSI has bounced off the support level. Currently, the pair is expected to rise over 7/8 (148.43) and to reach the resistance level of 8/8 (150.00). The scenario can be cancelled by a downward breakaway […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Going by the signal, the pair is forming a correctional wave. The goal of growth will be 1675.50. After a test of the resistance level, the pair might bounce off it and continue the downtrend. However, the quotes may […]
EURUSD, “Euro vs US Dollar” The pair has reached the estimated goal of the wave of growth at 0.9974. Today the market is forming a consolidation range under this level. The range might extend upwards to 0.9998. After this one is reached, a wave of decline to 0.9800 is expected to begin. GBPUSD, “Great Britain […]
Finally, the day has come when we have something to say about the BTC. Over the last 24 hours, the leading crypto has grown quite a bit. On Wednesday, it is mainly fluctuating near 20,326 USD. The BTC even rose to 20,415 USD. This was due to an increase in the US stock indices: the […]
EURUSD, “Euro vs US Dollar” The pair is getting ready to break through the resistance level. The pair is going under the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen line is expected at 0.9920, followed by growth to 1.0125. An additional signal confirming the growth will be a bounce off the lower […]
The British pound grew quite a deal against the USD. The current quote is 1.1570. Firstly, GBP fans made good use of the decline of the US dollar and played back a part of previous losses. Secondly, political ambiguity ended by the appointment of Rishi Sunak the Prime Minister, which is again good for the […]
On Wednesday, the market major reached parity. The current quote is 1.0000. On the one hand, the US dollar got seriously affected by the disappointing statistics from yesterday. The Conference Board CCI in October dropped to 102.5 from 107.8 previously. The forecast had suggested a decline to 105.90. The dwelling prices statistics never impressed the […]