EURUSD, “Euro vs US Dollar” The pair completed correction to 0.9880. Today a wave of growth to 0.9988 might start. After this level is reached, a link of decline to 0.9930 is expected. Practically, a consolidation range is forming between these levels. With an escape upwards, a pathway to 1.0150 will open. GBPUSD, “Great Britain […]
On Tuesday, the Australian dollar started growing against the US counterpart. The current quote is 0.6419. At the meeting the Reserve Bank of Australia lifted the interest rate to 2.85% annual from 2.60% previously. This decision was anticipated, and this increase by 25 base points goes in line with the previously voiced RBA policy. This […]
EURUSD, “Euro vs US Dollar” The pair is pushing off the support level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.9885 is expected, followed by growth to 1.0245. An additional signal confirming the growth will be a bounce off the […]
EURUSD, “Euro vs US Dollar” The pair has reached the local goal of correction at 0.9930 and a correction to 0.9986. Today a link of decline is likely to develop to 0.9820, followed by possible growth to 0.9986. After this level is reach, a wide consolidation range might form. GBPUSD, “Great Britain Pound vs US […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI have bounced off the support line. Currently, we should expect a test of 2/8 (1.0009), a breakaway of it, and growth to the resistance level of 3/8 (1.0131). The scenario can […]
The leading cryptocurrency is creeping down again. On Monday, main fluctuations are near 20,487 USD. To preserve the uptrend in force, the BTC needs to brace itself and secure above 21,500 USD. Until this happens, all movements will be inside a flat. The most important event of this week and month is coming, and this […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Harami reversal pattern. Currently, the pair may go by the signal in a wave of correction. The goal of growth will be 1660.50. Upon testing the resistance level, the pair may bounce off it and continue the downtrend. However, the quotes may […]
On Monday, the Japanese yen against the US dollar looks neutral. The current quote is 148.25. The yen is becoming weaker again after large-scale interventions of the Bank of Japan. The process will not be fast, because the market is still full of money. However, the yen has no other option than to fall as […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the signal lines of the indicator, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1420 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce […]
BRENT On H4, the quotes have broken through the 200-day Moving Average and are now resting above it, which indicates an uptrend. The RSI is testing the the support level. Currently, we should expect the quotes to rise over 7/8 (96.88) and then grow to the resistance level of 8/8 (100.00). The scenario can be […]