AUDUSD rose as the “greenback” loosened its grip. The Australian Dollar is slowly correcting against the USD on Thursday after skyrocketing the day before. The current quote for the instrument is 0.7095. The statistics published earlier showed that NAB Business Confidence in Australia rose to 7 points in July after being 2 points in June. […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDJPY is trading above it to indicate an ascending tendency. In this case, the price is expected to test the resistance at 7/8, break it, and then continue growing and reach 8/8. However, this scenario […]
EURUSD hopes for a local improvement, but there might be surprises. The major currency pair remains positive. The current quote for the instrument is 1.0222. The currency market has been rather quiet for a couple of days. It’s some kind of summer vacation – no news, no statistics, it’s time to relax a bit. However, today […]
EURUSD, “Euro vs US Dollar” EURUSD is still falling towards 1.0187. After that, the instrument may grow to reach 1.0215 and then consolidate above 1.0187. If later the price breaks this range to the downside, the market may resume trading downwards with the target at 1.0128, or even extend this structure down to 1.0080. GBPUSD, […]
The BTC dropped to $23,000. Yesterday’s trading session was emotionally exhausting – market players were selling and the overall picture was more negative than positive. Two days ago, the BTC was going to test $24,400. However, market conditions failed: American exchanges started falling. Technically, it was explained by the fact that their previous growth had […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is correcting inside the bullish channel. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6950 and then resume moving upwards to reach 0.7180. Another signal in favour of a […]
EURUSD, “Euro vs US Dollar” Having completed the correctional structure at 1.0220, EURUSD is falling to break 1.0122 and may later continue trading downwards with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the correctional structure at 1.2136; right now, it is forming a new descending wave to break […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]
EURUSD remains neutral while investors are saving strengths. The major currency pair is looking stable on Tuesday. The current quote for the instrument is 1.0200. It feels like EURUSD is on a holiday – the market volatility is almost zero. It happens, although not so often. In this particular case, the summer spleen meets the […]
EURUSD, “Euro vs US Dollar” EURUSD is stuck inside the Triangle pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0215 and then resume moving downwards to reach 1.0095. Another signal in favour of a further […]