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 […]
EURUSD is quite calm early in the week but is yet expected to continue falling. The major currency pair is stable on Monday. The current quote for the instrument is 1.0433. Today’s trading session is promising to be calm – the US is celebrating Independence Day and the economic calendar is rather empty. All major […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0365 along with the correction up to 1.0440, EURUSD continues falling towards 1.0354. Later, the market may correct to reach 1.0484 and then resume trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having returned to test 1.0770 from below, EURUSD is forming a new descending structure towards 1.0340 and may later correct up to 1.0440 at least. After that, the instrument may resume trading downwards with the target at 1.0207 or even extend this […]
The BTC is still selling. Investors are inactive, but the rate is definitely heading down – and no obstacles to this decline are on the horizon yet. On Monday, the leading cryptocurrency is heading for $19,083. Today is a holiday in the US – the Independence Day. Stock markets are closed, which means in the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing 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 Tenkan-Sen at 1.2145 and then resume moving downwards to reach 1.1785 Another signal in favour of a further downtrend will […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer 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 1.2980. Later, the market may break this […]