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 […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the upper border of the Cloud. The quotes are above the Cloud, which indicates an uptrend. A test of the lower border of the Cloud at 1.1510 is expected, followed by growth to 1.2025. One more signal confirming the growth will be a bounce […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. A breakaway of 5/8 downwards is expected, followed by falling to the support level of 3/8. The scenario can be cancelled by rising over the resistance level of 6/8, which might lead to a […]
On Monday, the BTC grew to 21,716 USD. This is good news, because previously there was little chance that digital assets would be able to recover after sales and a lengthy flat. So, an important local resistance area in the BTC is now at 21,900-22,000 USD. The next spto is 22,500 USD. The market will […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. For now, going by the pattern the pair might end up in a descending impulse. The goal of the correction might be 0.9990. However, the price might grow to 1.0140, bounce off it, and then continue […]
The British pound against the US dollar recovered quite a bit upon renewing the lows. The current quote is 1.1621. Great Britain is now through a hard time, and now it is not even about finance: first the country had to decide upon the new head of the Conservative party who then becomes the Prime […]
EURUSD, “Euro vs US Dollar” The pair is pushing off the upper border of the descending channel. It is moving above the Ichimoku Cloud, indicating an uptrend. A test of the Tenkan-Sen line is expected at 1.0060, followed by growth to 1.0240. An additional signal confirming the growth will be a bounce off the upper […]