The market major on Wednesday is depressed, the current quote is 0.9980. The euphoria in the EUR did not last long: as soon as demand for the USD retuned, the parity level reminded of itself. Rally in the dollar pushed aside both aggression of the ECB and a decline in the stop prices for gas […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. A breakaway of 8/8 downwards should be expected, followed by a falling to the support level of 6/8. The scenario can be cancelled by rising over the resistance level of +1/8, in which case the growth might continue to +2/8. […]
The BTC has experienced a new decline. On Wednesday, the leading cryptocurrency is balancing near 20,303 USD though yesterday it rose to 22,780 USD. Yesterday the USD reversed abruptly after the US inflation statistics came out. The CPI in the US in August turned out to be 8.3% y/y while the forecast level had been […]
The British pound against the US dollar dropped to the week’s lows. The current quote is 1.1499. Yesterday the pound looked rather optimistic, but on Wednesday with the USD advancing all positive factors for the GBP faded away. After the inflation statistics in the US came out, expectations from the September meeting of the Fed […]
EURUSD, “Euro vs US Dollar” The pair is testing the Tenkan-Sen line. The quotes are under the Cloud, which indicates a downtrend. A test of the Kijun-Sen line at 1.0045 is expected, followed by falling to 0.9795. One more signal confirming the decline will be a bounce off the upper border of the bearish channel. […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, near the resistance level, the pair has formed a Harami reversal pattern. The pair can now go by the signal with a descending impulse. The goal of the decline is 1.3130; the pair might later bounce off it and continue growth. However, the price may still grow […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which means the prevalence of the downtrend. A test of 4/8 is expected, followed by a breakaway and falling to the support level of 5/8. The scenario can be cancelled by breaking through 5/8, which might lead to a trend […]
The British pound against the US dollar continues to recover. The current quote is 1.1717. Morning statistics demonstrated that the unemployment rate in Britain in July suddenly dropped to 3.6% from 3.8% earlier. Also, average earnings in the previous quarter grew by 5.5% against the forecast 5.4% and previous growth by 5.2%. Mind the unemployment […]
The market major on Tuesday remains strong, the current quote is 1.0148. No important news was published yesterday, so investors had enough time to show their positive attitude in the quotes. At the meeting in September the ECB gave absolutely unambiguous signals of readiness to make its credit and monetary policy tougher. This will take […]
XAUUSD, “Gold vs US Dollar” At a pullback, near the support area, gold has formed a Harami reversal pattern. The pair is going by the pattern by an ascending impulse. The goal of growth might be 1740.00. However, the quotes might fall to 1710.50 before growing. NZDUSD, “New Zealand Dollar vs US Dollar” On H4 […]