Not much has changed about the situation in the BTC lately. Over a week, the price of the leading cryptocurrency dropped by 4.7%; on Monday, the BTC is falling down to $39,000. On the one hand the quotes remain tightly bound to the US stock indices, Nasdaq in particular, and things are getting rather tough. […]
EURUSD, “Euro vs US Dollar” EURUSD continues falling towards 1.0750 and may later start a new correction to reach 1.0830. After that, the instrument may resume trading downwards with the target at 1.0730. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD completed the descending wave at 1.3018. Today, the pair may consolidate around this level. […]
After updating its 20-year high, USDJPY continues rising. The Japanese Yen remains very weak against the USD. The current quote for the instrument is 126.65. The JPY is mostly pressured by the “greenback” and the US Fed’s monetary policy. Because of high inflation, the American regulator had to tighten its monetary policy, thus supporting the […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the support level at 0.7358; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7370 and then resume moving downwards to reach 0.7275. Another signal in favour of a […]
No changed in the BTC so far. On Friday 15 April, the major cryptocurrency is trading at $40,144. There isn’t too much activity – the Catholic countries are celebrating Good Friday today, so exchanges are closed. Yesterday, the US release a pretty good report on the retail sales – the population continues buying despite the […]
EURUSD dropped to its 2-year lows; the asset is looking really weak. The major currency pair updated its lows yesterday. Right now, it is trying really hard to reach stability. The current quote for the instrument is 1.0806. The European Central bank had a meeting yesterday and decided to change absolutely nothing. The benchmark interest […]
EURUSD, “Euro vs US Dollar” Having rebounded from 1.0920, EURUSD continues falling towards 1.0730 and may later start a new growth with the target at 1.0822. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has rebounded from 1.3141; right now, it is still falling towards 1.3029 and may later grow to reach 1.3088. Later, the […]
BRENT In the H4 chart, Brent is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to break 2/8 and continue moving upwards to reach the resistance at 3/8. However, this scenario may no longer be valid if the asset breaks 1/8 to the downside. […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the support area at 1.0805; it managed to test the March low but not break it. 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 1.0845 and then […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the resistance level, USDCAD is reversing in the form a new descending impulse. In this case, the downside target may be at 1.2510. However, an alternative scenario implies that the asset may correct […]