AUD/USD The Australian dollar recently grew ahead of related currencies, but now it is no less active. It lost 144 points yesterday. The goals were set before the price: 0.6680, 0.6570, 0.6470. The signal line of the Marlin oscillator entered the zone of negative values, which fuels the downward trend. Over the past day, it […]

USD/JPY The USD/JPY pair was able to gain a foothold under the MACD indicator line on the daily chart. The price entered the difficult range defined by two embedded lines of the price channel at 105.95-107.22. A corrective consolidation is possible within the range. But for now we are waiting for a fall to the […]

GBP/USD 1H The pound/dollar, as well as the euro/dollar, began to fall yesterday, which is still interpreted as a downward correction. Nevertheless, the quotes still failed to confidently overcome the important resistance area of 1.2719-1.2759, as well as the resistance level of 1.2821. Most likely, as in the case of the EUR/USD pair, buyers simply […]

EUR/USD 1H The EUR/USD pair started all the same downward movement in the hourly timeframe towards the evening of Thursday. It is still difficult to say whether this will be a more or less tangible correction or the beginning of a new downward trend. One thing is for sure, buyers have not found the strength […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 17.4094 The EUR/USD currency pair continued its upward movement for most of June 11 as if nothing had happened. Yes, the movement has weakened in recent days, however, nothing has […]

A positional struggle continues in the euro-dollar pair: buyers are trying to continue the upward trend, while sellers are resisting, pulling the price to the 12th figure. As a result, the pair, although it demonstrates increased volatility, but actually stands still, within the 13th price level. Both bears and bulls need a powerful informational occasion […]

The US market falls by 4-5% in major indices – it remembered the economy. EURUSD Major US indices fell 4% or more in the first three hours of trading on Thursday. The unemployment report showed new 1.5 million applications per week – this shows that employment growth will not be as fast as it seems. […]

EURUSD is breaking below the bullish channel. In our last analysis we warned bulls of the bearish divergence signs by the RSI. The RSI was not making new highs as price was and this was a sign of weakness as we explained yesterday. Price is now challenging channel support. Blue lines – bullish channel Black […]

Gold price reached again the upper trading range boundary at $1,750. Gold price continues to move sideways the last few months. Now being close to the upper boundary it is time to consider our options. Blue rectangle- resistance Blue lines -trading range Gold price is at major resistance area once again. As long as Gold […]

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 towards 1.0980 and 1.1075 (Fibo Level 50%). Shortly After, a bearish Head & Shoulders pattern was demonstrated around the price zone […]

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 […]

Minuette operational scale (H4) The second half of June – options for the development of the movement for EUR/GBP, GBP/JPY, and EUR/JPY (H4) on June 12, 2020 ____________________ Euro vs Great Britain pound From June 12, 2020, the development of the movement of the “main” EUR/GBP cross-instrument will be determined by the direction of the […]

Copper futures retreated slightly from their freshly plotted four-and-a-half month high of 2.6959. Confirming the bullish sentiment that has mostly controlled the ascent from the 45-month low of 1.9684 are the rising Ichimoku lines. Additionally, the improving 50-day simple moving average (SMA) is endorsing forthcoming advances. The short-term oscillators are positively tilted in spite of […]

Copper futures retreated slightly from its freshly plotted four-and-a-half month high of 2.6959. Confirming the bullish sentiment that has mostly controlled the ascent from the 45-month low of 1.9684 is the rising Ichimoku lines. Additionally, the improving 50-day simple moving average (SMA) is endorsing forthcoming advances. The short-term oscillators are positively tilted in spite of […]

Today we take a look at and see AUDJPY how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today! The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – Copper futures recoil some… June […]

Protesters have pulled down a statue of Jefferson Davis, the Civil War-era president of the Confederacy, amid continuing protests triggered by the police killing of George Floyd and the wider issue of racism in the US. Technical analysis: EUR/USD has been trading sideways at the price of 1,1360. The trend is still to the upside […]

Although the restrictive measures introduced to contain the coronavirus spread are being lifted in the US and other countries worldwide, the infection rate has recently risen again. In just 24 hours, 2, 504 new cases of infection have been reported. It is the highest rate since the beginning of the pandemic. The total number of […]

The first-time jobless claims in the United States increased by 1.5 million for a week. Economists had expected initial jobless claims to slump to 1.5 million from the 1.8 million originally reported for the previous week. After the data, the EURUSD pair changed little. Most likely, the market had expected better results. Hold your buy […]

The US 500 cash index has been retreating over the last few days, after it found strong obstacle at the 15-week high of 3,233. The price has just breached the red Tenkan-sen line and may find support at the 200-day simple moving average (SMA), currently at 3,019, ahead of the 2,986 support, being the 23.6% […]

Most major market strategists agreed that the Fed delivered what the market pretty much expected that it wouldn’t do anything. Its monetary policy statement didn’t contain any surprises and was straightforward, offering little details. But who really expected the Fed to give any details at this time. The impact of the coronavirus on the economy […]

Quick Take Crypto hedge fund Three Arrows Capital has become the first qualified investor to hold more than 5% of Grayscale Bitcoin Trust (GBTC) shares Three Arrows Capital co-founder Su Zhu told The Block: “We are bullish on the GBTC demand” Zhu’s partner Kyle Davies said GBTC is one of the most liquid ways for […]

Hello, dear colleagues! Daily At yesterday’s trading, the main currency pair of the Forex market continued to grow, however, the euro bulls failed to close Wednesday’s session above the highs of June 5. Yes, attempts to break through the resistance of sellers at 1.1383 turned out to be difficult. Earlier, in previous reviews of this […]

Euro bulls tried to return to the market after the Fed press conference, but their efforts failed, so the bears had a chance to pull the market to their side. Measures to control the yield curve and leading indicators, which market participants were so afraid of, were not announced, so the pressure on the US […]

Euro bulls tried to return to the market after the Fed press conference, but their efforts failed, so the bears had a chance to pull the market to their side. Measures to control the yield curve and leading indicators, which market participants were so afraid of, were not announced, so the pressure on the US […]

This morning, the price of crude oil has declined. The main reason for what is happening can be considered too high tension among market participants, which is due to fears that the supply in the market is becoming more and more, and demand is weakening. Investors’ concern did not suddenly appear. Yesterday, the United States […]