EUR/USD is pressuring the extended range resistance, a valid breakout will bring a great buying opportunity. The pair is trading at 1.1914, another higher high will validate further growth in the upcoming period, way above the 1.20 level. The pair was into a consolidation phase, it has tried to accumulate more bullish energy before jumping […]

EUR/USD is pressuring the extended range resistance, a valid breakout will bring a great buying opportunity. The pair is trading at 1.1914, another higher high will validate further growth in the upcoming period, way above the 1.20 level. The pair was into a consolidation phase, it has tried to accumulate more bullish energy before jumping […]

GBP/USD is bullish and is expected to trade higher after the current consolidation phase. It is trading at 1.3164, right below 1.3170 static resistance, a breakout will attract more buyers. Technically, GBP/USD is located within an upwards swing, the short-term sideways movement represents an accumulation before the pair resumes the uptrend. The greenback has resumed […]

GBP/USD is bullish and is expected to trade higher after the current consolidation phase. It is trading at 1.3164, right below 1.3170 static resistance, a breakout will attract more buyers. Technically, GBP/USD is located within an upwards swing, the short-term sideways movement represents an accumulation before the pair resumes the uptrend. The greenback has resumed […]

A decrease in daily incidence is again observed in the United States and Brazil, which recorded new cases at 40 thousand and 25 thousand, respectively. India, on the other hand, is becoming the new leader in this sector, listing about 60 thousand cases a day in its latest data. Fortunately, mortality has dropped to below […]

A decrease in daily incidence is again observed in the United States and Brazil, which recorded new cases at 40 thousand and 25 thousand, respectively. India, on the other hand, is becoming the new leader in this sector, listing about 60 thousand cases a day in its latest data. Fortunately, mortality has dropped to below […]

Movements within the limits of the flat have been taking place on the market for more than three weeks already, and soon, a breakout may successfully occur in the market. Speculators have been closely monitoring the market, analyzing each jump in the limits. A consolidation above or below the areas can lead to a number […]

Movements within the limits of the flat have been taking place on the market for more than three weeks already, and soon, a breakout may successfully occur in the market. Speculators have been closely monitoring the market, analyzing each jump in the limits. A consolidation above or below the areas can lead to a number […]

Technical analysis recommendations for EUR/USD and GBP/USD on August 18 EUR / USD The pair continues to remain in the correction zone, however, the upside has been taking the lead for the last few days. To implement the potential of July, as well as to return to bullish activity and performance, it is now important […]

Technical analysis recommendations for EUR/USD and GBP/USD on August 18 EUR / USD The pair continues to remain in the correction zone, however, the upside has been taking the lead for the last few days. To implement the potential of July, as well as to return to bullish activity and performance, it is now important […]

Good day, dear traders! In yesterday’s trading, the pound/dollar currency pair showed a slight strengthening. The US currency is still under pressure, as market participants fear a slower recovery of the world’s leading economy from the consequences of COVID-19, which most affected the United States of America. The complicated relations between Washington and Beijing and […]

Good day, dear traders! In yesterday’s trading, the pound/dollar currency pair showed a slight strengthening. The US currency is still under pressure, as market participants fear a slower recovery of the world’s leading economy from the consequences of COVID-19, which most affected the United States of America. The complicated relations between Washington and Beijing and […]

The price of crude oil went on a negative correction on Monday. This is due to the inability of the US government to finalized an agreement on the fiscal stimulus program which causes grave tension among investors. In addition to this is the growing conflict between the US and China especially after the postponement of […]

The price of crude oil went on a negative correction on Monday. This is due to the inability of the US government to finalized an agreement on the fiscal stimulus program which causes grave tension among investors. In addition to this is the growing conflict between the US and China especially after the postponement of […]

The pound against the dollar is approaching the important resistance level of 1.3200. It has repeatedly tried to approach this target throughout August, but the GBP/USD pair returned home each time. As soon as the buyers break through the resistance level of 1.3150, the sellers take their initiative, thereby expressing doubts that the pair will […]

The pound against the dollar is approaching the important resistance level of 1.3200. It has repeatedly tried to approach this target throughout August, but the GBP/USD pair returned home each time. As soon as the buyers break through the resistance level of 1.3150, the sellers take their initiative, thereby expressing doubts that the pair will […]

The Coronavirus pandemic is extracting a heavy toll on public health and is negatively affecting both individual economies and the global economy at large. As a result, often lacking access to resources and information that can help them protect against COVID-19, the less fortunate are the most vulnerable. On the 5th of August, as one […]

Hello, dear colleagues! According to the results of the first day of the current trading week, there were no drastic changes in the price dynamics of the main currency pair of the Forex market. Yesterday’s data on the index of activity in the manufacturing sector from the Federal Reserve of New York, as well as […]

GBP/USD – 1H. Hello, traders! On the hourly chart, the quotes of the GBP/USD pair continue to grow. The upward trend line at this time characterizes the mood of traders as “bullish”, and the fact that quotes are fixed above the upper border of the side corridor increases the probability of further growth of the […]

EUR/USD – 1H. Hello, traders! On August 17, the EUR/USD pair continued the growth process inside the upward trend corridor, which continues to characterize the current mood of traders as “bullish”. There was no news from America or the European Union on Monday. However, some very interesting reports have started to appear from American billionaires […]

Dollar continues to decline against the euro and the pound, mainly due to the negative news surrounding the United States. The price jump yesterday is a confirmation of this, as such indicates that investors are again uncertain on which asset they would place their trades into. The current main problem is the suspension of assistance […]

Trend analysis (Fig. 1). The market may continue to move upward from the level of 1.3105 (closing of yesterday’s daily candle) with the target at the historical resistance level of 1.3350 (blue dotted line). From this level, a downward pullback is possible. Figure: 1 (daily chart). Comprehensive analysis: – Indicator analysis – up; – Fibonacci […]

Trend analysis (Fig. 1). The market may continue to move upward from the level of 1.1872 (closing of yesterday’s daily candle) with the target at the upper fractal 1.1917 (red dotted line). From this level, the price may continue to move upward with the next target of 1.2103 – a 76.4% pullback level (blue dashed […]

GBP/USD Analysis: A bullish trend has been developing on the chart of the British pound since March. Quotes are located in the area of the strong resistance zone of the senior TF. Since the end of July, the price has formed a flat correction along its lower border. Its structure is still incomplete. Forecast: In […]

The GBP/USD currency pair is showing low dynamics, following within the boundaries of the sideways channel 1.3000/1.3185, while the sequence of the price rebound from the set frames has a natural basis in the market. The deceleration in the structure of the flute is variable, which in theory can give acceleration in the event of […]