EURUSD remains close to parity but keeps trying to recover. The major currency pair perseveres in its attempts to rise after yesterday’s decline. The current quote for the instrument is 1.0039. The key highlight is the parity EURUSD reached yesterday, something that investors haven’t seen in 20 years and, probably, wouldn’t like to see. However, […]
XAUUSD, “Gold vs US Dollar” XAUUSD 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 the cloud’s downside border at 1740.00 and then resume moving downwards to reach 1655.00. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of another ascending impulse. In this case, the upside target may be at 1.0135. However, an alternative scenario implies […]
EURUSD, “Euro vs US Dollar” EURUSD is still falling with the target at 0.9975. Possibly, today the pair may reach 0.9994 and then start a new correction up to 1.0094. Later, the market may resume trading downwards to reach the above-mentioned target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues falling towards 1.1800. After […]
GBPUSD is falling attacked by the USD and a great deal of domestic problems. The Pound Sterling is retreating against the USD. The current quote for the instrument is 1.1840. It’s difficult for the British currency to fight the USD’s attack. On the other hand, domestic conditions in the United Kingdom provide the Pound with […]
EURUSD dropped to its 20-year lows. The major currency pair hit new lows – the asset is looking extremely weak. The current quote for the instrument is 1.0022. A new bottom is at 1.0004, and it’s probably not the limit for “bearish” pressure as they may yet continue pushing the pair downwards. The last time […]
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 […]