AUD/USD Under the general strengthening of the American dollar, the Australian dollar fell by 29 points on Tuesday, breaking the target level of 0.6900. The Marlin oscillator on the daily timeframe is currently crossing the boundary of the territory of the bears. The price turned down from the MACD line and consolidated under the balance […]

USD/JPY Japanese investors were very disappointed with economic indicators this morning: the trade balance for May reached -0.60 trillion. yen against expectations of -0.16 trillion. The situation is even worse when considering export and import: exports fell to -28.3% y/y, imports to -26.2% y/y. As a result, the Japanese stock index Nikkei 225 is losing […]

USD/JPY Japanese investors were very disappointed with economic indicators this morning: the trade balance for May reached -0.60 trillion. yen against expectations of -0.16 trillion. The situation is even worse when considering export and import: exports fell to -28.3% y/y, imports to -26.2% y/y. As a result, the Japanese stock index Nikkei 225 is losing […]

Trading Recommendation Entry: 1732.96 Reason for Entry: horizontal swing high resistance, 61.8% fibonacci retracement, 78.6% fibonacci extension and descending trend line Take Profit: 1699.76 Reason for Take Profit: 78.6% fibonacci extension, horizontal overlap support, 61.8% fibonacci retracement Stop Loss: 1745.32 Reason for Take Profit: horizontal swing high resistance, 78.6% fibonacci retracement, 100% fibonacci extension The […]

GBP/USD 1H The pound dollar, as well as the euro/dollar, began a downward correctional movement on Friday, June 12. A downward channel has also been formed for the GBP/USD pair, which currently supports trading on a decline. However, the pair tried to overcome the upward trend line yesterday, which continues to remain in force, but […]

EUR/USD 1H The EUR/USD pair resumed its downward movement on the hourly timeframe on June 16 after a rather strong growth on Monday. Thus, we can conclude that the downward trend persists, although it remains rather weak. We continue to expect a significant drop in the European currency, considering that the previous growth was, to […]

On Tuesday afternoon, Federal Reserve Chairman Jerome Powell spoke before the US Senate Banking Committee. The head of the Federal Reserve, as several times before, noted the importance and significance of the fight against the “coronavirus” and said that without a victory over the virus, there will not be a full recovery of the economy. […]

On Tuesday afternoon, Federal Reserve Chairman Jerome Powell spoke before the US Senate Banking Committee. The head of the Federal Reserve, as several times before, noted the importance and significance of the fight against the “coronavirus” and said that without a victory over the virus, there will not be a full recovery of the economy. […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – sideways. CCI: -49.4481 Over the past two days, all traders and analysts have been discussing only one event – the continuation of the dialogue between the UK and the European Union regarding […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – sideways. CCI: -49.4481 Over the past two days, all traders and analysts have been discussing only one event – the continuation of the dialogue between the UK and the European Union regarding […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – sideways. CCI: -90.7903 Recently, we often analyze the figure of Donald Trump in our articles, discuss his chances of winning the election in November, as well as the prospects of America with […]

4-hour timeframe Average volatility over the past five days: 119p (high). After the US dollar again began to fall in price across the entire spectrum of the market on Monday, today there was a downward movement again during the day. Thus, so far we are still inclined to the option that the pair will continue […]

4-hour timeframe Average volatility over the past five days: 119p (high). After the US dollar again began to fall in price across the entire spectrum of the market on Monday, today there was a downward movement again during the day. Thus, so far we are still inclined to the option that the pair will continue […]

Intermediate operational scale (Weekly) How the battle for the Gold & Silver metal will unfold in the second half of 2020 in the weekly timeframe – options for the development of the movement. ____________________ Spot Gold In the second half of 2020, the movement of Spot Gold will depend on the development and direction of […]

Intermediate operational scale (Weekly) How the battle for the Gold & Silver metal will unfold in the second half of 2020 in the weekly timeframe – options for the development of the movement. ____________________ Spot Gold In the second half of 2020, the movement of Spot Gold will depend on the development and direction of […]

Recently, Bullish breakout above 1.2265 has enhanced many bullish movements up to the price levels of 1.2520-1.2590 where temporary bearish rejection as well as a sideway consolidation range were established (In the period between March 27- May 12). Shortly after, transient bearish breakout below 1.2265 (Consolidation Range Lower Limit) was demonstrated in the period between […]

On March 20, the EURUSD pair has expressed remarkable bullish recovery around the newly-established bottom around 1.0650. Bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.1065 (Fibo Level 50%). However, a bearish Head & Shoulders pattern was demonstrated around the price zone between […]

Optimism is starting to leave buyers of the European currency again, who were encouraged by statements from EU representatives that trade negotiations with the UK are gaining new momentum. Let me remind you that British Prime Minister Boris Johnson and the EU leadership met yesterday. During the press conference, the parties only managed to agree […]

JP 225 stock index (Cash) yesterday bounced off the 21,431 mark, that being the 23.6% Fibonacci retracement of the up leg from 15,384 to 23,302, resuming the uptrend by climbing above the 200-day simple moving average (SMA). The Ichimoku lines and the short-term oscillators, although reflecting the recent pullback, continue to back an improving picture […]

JP 225 stock index (Cash) yesterday bounced off the 21,431 mark, that being the 23.6% Fibonacci retracement of the up leg from 15,384 to 23,302, resuming the uptrend by climbing above the 200-day simple moving average (SMA). The Ichimoku lines and the short-term oscillators, although reflecting the recent pullback, continue to back an improving picture […]

As Britain faces its worst recession in 300 years, the Bank of England will be hoping to use its two-day policy meeting on June 17-18 to inject another dose of stimulus into the ailing UK economy. After the bigger-than-expected plunge in GDP in April, the Bank is almost certain to announce a large increase in […]

As Britain faces its worst recession in 300 years, the Bank of England will be hoping to use its two-day policy meeting on June 17-18 to inject another dose of stimulus into the ailing UK economy. After the bigger-than-expected plunge in GDP in April, the Bank is almost certain to announce a large increase in […]

The coronavirus pandemic establishes its own rules, thus oil-exporting countries had to reduce oil production by millions of barrels due to the collapse in fuel demand. Michele Della Vigna, head of energy research at Goldman Sachs Group Inc, said that eventually, when COVID-19 will be defeated, OPEC countries would become winners as fuel demand recovers. […]

A very strong report on US retail sales for May was released with a 17.5% contrary to the forecast of 7.5%. Recall that in April there was a drop of -14.7%. Thus the conclusion that the US sales in May blocked the fall of April. This is the result of proper measures taken to support […]

A very strong report on US retail sales for May was released with a 17.5% contrary to the forecast of 7.5%. Recall that in April there was a drop of -14.7%. Thus the conclusion that the US sales in May blocked the fall of April. This is the result of proper measures taken to support […]