The BTC is going down smoothly. On Monday, 5 September, it is retreating to 19,854 USD. Over the last two weeks, the BTC has secured inside a flat of 19,500-20,560 USD. To begin some noticeable growth, the crypto needs to secure above 22,000 USD. In all other cases, the main scenario will imply a smooth […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is pushing off the signal lines of the indicator. It rests under the Ichimoku Cloud, indicating a downtrend. A test of the Kijun-Sen line is expected at 1.1585, followed by falling to 1.1150. An additional signal confirming the decline will be a bounce off the upper […]
EURUSD, “Euro vs US Dollar” On H4, the quotes rest under the 200-days Moving Average, which indicates the prevalence of a downtrend. We expect a test of 2/8, a breakaway of this level, and falling to the support level of 1/8. The scenario can be cancelled by a breakaway of the resistance level of 3/8 […]
EURUSD, “Euro vs US Dollar” After completing the descending structure at 0.9910, EURUSD is expected to correct up to 0.9980. Later, the market may resume trading downwards with the target at 0.9888. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending wave at 1.1500, GBPUSD is expected to grow and reach 1.1644. After […]
Brent In the H4 chart, Brent is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to break 2/8 and continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if the asset breaks 3/8 to the upside. After […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 1.0025. However, an alternative scenario implies that the price […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9995 and then resume moving downwards to reach 0.9765. Another signal in favour of a further […]
On Friday, the BTC is barely moving close to $20,101. The major crypto is slowly cheapening, but market players remain cautious and don’t want to sell without news. The news might come up later today – labour market data for August from the US. Actually, market expectations are rather average: both Unemployment Rate and Average […]
GBPUSD keeps updating its lows; there are very few options on how to stop the plunge. After updating another low against the USD, the Pound Sterling is trying to reach stability. The current quote for the instrument is 1.1562. The political factor should be cleared up as early as next Monday. The Conservative Party will […]
EURUSD managed to recover a little bit after plunging earlier; however, investors are very cautious. The major currency pair may get under pressure on Thursday. The current quote for the instrument is 1.0025. Sure, EURUSD reached parity and even moved a bit higher, but it will be extremely difficult to stay there. The “greenback” is […]