EURUSD, “Euro vs US Dollar” EURUSD continues falling inside the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0095 and then resume moving downwards to reach 0.9745. Another signal in favour of a further downtrend will be […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.3125. Later, the market may break this level […]
EURUSD, “Euro vs US Dollar” After reaching the short-term downside target at 1.0072 and completing the ascending wave at 1.0180, EURUSD is falling towards 1.0120, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the downside, the market may resume falling towards 1.0057 or even […]
The BTC is smoothly declining. On Monday, the leading cryptocurrency is going down to $20,510. This is the third day of feeble sales in a row after on Friday, the crypto approached $22,300. An important resistance level remains at $23,500. It needs to be surpassed so that the price secures above it if the market […]
USDJPY reached new highs – the “greenback” continues to get stronger. The Japanese Yen plunged against the USD. The current quote for the instrument is 137.02. A new high for the pair is at 137.28. The USD keeps getting stronger, making the Yen retreat. Despite an unstable situation in the market, investors barely have any […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has rebounded from the resistance 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 0.6830 and then resume moving downwards to reach 0.6585. Another signal in favour of a […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside correctional target may be the resistance level […]
GBPUSD moved upwards in response to the British Prime Minister’s resignation. The Pound Sterling is consolidating against the USD on Friday after a slight growth the day before. The current quote for the instrument is 1.1936. British politics took the stage yesterday. British Prime Minister Boris Johnson has quit after finding himself in the crosshairs […]
ФThe major cryptocurrency is keeping its positive momentum on Friday – the asset has been growing for three session sin a row. At the moment, the instrument is mostly trading around $21,765. The crypto market capitalisation is also increasing – it reached $0.970 trillion. The sector is following the US stock indices. The correlation between […]
EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further downtrend will be a rebound from […]