EURUSD, “Euro vs US Dollar” After breaking the consolidation range downwards, completing the descending wave at 1.0300, and then forming a new consolidation range around the latter level, EURUSD has broken it to the downside as well and may continue falling with the target at 1.0220 or even extend this structure down to 1.0000. Later, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is about to break 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 Tenkan-Sen at 1.2035 and then resume moving downwards to reach 1.1575 Another signal in favour of a further […]
GBPUSD is another victim of global risk aversion. The Pound sterling is looking weak against the USD on Wednesday. The current quote for the instrument is 1.1949. Risk aversion amid a new wave of concerns about a possible global recession hurt the Pound as well. The last time the British currency was trading at its […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Inverted Hammer, not far from the support area. At the moment, the asset may reverse in the form of a new correctional impulse. In this case, the upside correctional target may be the resistance […]
The BTC continues consolidating at $20,225. It’s a miracle! The major cryptocurrency fixed above $20,000. Frankly speaking, there were serious doubts about it. Technically, the target of this local recovery might have been $21,500-$21,700; however, a few rising impulses weren’t enough to make a lot of investors open long positions. No matter what, bears are […]
EURUSD, “Euro vs US Dollar” EUTUSD is still consolidating around 1.0430. Possibly, today the pair may start a new correction to test 1.0480 from below and then resume trading downwards with the target at 1.0355 or even extend this structure down to 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues consolidating around 1.2100. […]
GBPUSD has fixed inside the range but any risk will make it retreat. The Pound sterling is looking rather neutral against the USD on Tuesday. The current quote for the instrument is 1.2110. There are still a lot of risks for the British currency. One of the latest is the decline in consumer confidence, which […]
EURUSD continues consolidating in anticipation of the news. The major currency pair remains stable on Tuesday. The current quote for the instrument is 1.0430. US markets were closed yesterday due to Independence Day, that’s why exchanges weren’t very active. However, today investors are expected to get back to their normal routine. The statistics published early […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen. 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 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support area. At the moment, EURUSD may is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.0490. However, an alternative scenario implies […]