Berkshire Hathaway, led by the “visionary from Omaha”, Warren Buffett acquired more than 20 million shares of gold miner Barrick Gold in the second quarter of this year. The report, which the investor provided to the SEC Commission, says about $ 562 million, which was spent on these purposes. The event is notable since Buffett […]

The EUR/USD currency pair has been following the rising course of the side channel 1.1700 // 1.1810 // 1.1910, (6 + 5 + 4, lines) for the fifth trading day, where there are only a few points left to the area of the upper boundary of 1.1910. A noteworthy point was that trend line No. […]

Dollar extends slide, now testing crucial support levels Nasdaq hits another record, but S&P 500 can’t overcome its own peak Yen and gold recover as global yields fall back down Dollar feels the heat of stronger risk appetite No news is bad news for the world’s reserve currency lately, which continues to surrender ground even […]

GBPUSD is in the process of re-examining the toughened resistance zone from 1.3185 – 1.3211, which has been keeping advances at bay. The strengthening 50- and 100-day simple moving averages (SMAs) and the recent bullish crossover of the 200-day SMA by the 50-day one, suggest further gains may unfold. Glancing at the short-term oscillators, they […]

Trading recommendations for the EUR/USD pair on August 18 Analysis of transactions The attempts to overcome the price level of 1.1840 failed to trigger a drop in the European currency, so sell transactions in the EUR/USD pair did not give profit as expected. Fortunately, buy transactions from the level of 1.1869 covered all the losses […]

The report on the movement of foreign capital in US securities confirmed an unpleasant trend – in June, there was no increase in non-resident investments in US government bonds and corporate bonds. Throughout the pandemic months, US government securities, with the exception of stocks, were not in demand, which means only one thing – investors […]

Forecast for August 18: Analytical overview of currency pairs on the H1 scale: The key levels for the euro / dollar pair on the H1 scale are: 1.1963, 1.1924, 1.1897, 1.1864, 1.1841 and 1.1809. Here, we are following the August 12 upward structure. A short-term upward movement is expected in the range 1.1897 – 1.1924. […]

EURJPY completed two consecutive negative days after it challenged a fresh 16-month high of 126.74 in the previous week. The steep upside movement is still in place and it has been holding since May 6, when it pulled back from the 114.40 support level. From the technical viewpoint, the price is remaining above the simple […]

Crude oil prices, as well as a number of other assets, fell into a kind of time and price trap that COVID-19 created for them. This makes you think that they will never reach the maximum values of 2011 again, when there was talk in the market that they should be expected to grow to […]

To open long positions on GBP/USD, you need: Nothing changed during the day from a technical point of view, except a signal to buy formed yesterday afternoon. If you look at the 5 minute chart, you will see how a good long entry point was formed after an update of the 1.3074 support, which I […]

To open long positions on EURUSD, you need: Even at a second attempt, buyers of the European currency achieved their goal and managed to break through above the large resistance level of 1.1865 yesterday, from which you could observe active sales in the first half of the day. If you look at the hourly chart, […]

The high of the day and low of the day from the Central Bank Dealer Range (CBDR) are usually formed at the STDV 2-STDV 4 in the normal market condition. Sometimes, they can reach the STDV 5-STDV 6 during the high volatility condition in the market. Here are today’s levels: STDV 10 – 1.3493. STDV […]

The High Of The Day and Low Of The Day from the Central Bank Dealer Range (CBDR) today are usually formed at the STDV 2-STDV 4 under normal market conditions. However, the pair sometimes can reach the STDV 5-STDV 6 under higher volatility in the market. Here are the levels for the today: STDV 10 […]

Hourly chart of the EUR/USD pair The EUR/USD pair continued its upward movement at night trading and reached the first target level of 1.1890. The pair also came close to the 1.1903 level, which we have designated as the upper limit of the side channel with a width of 200 points. A downward reversal and […]

GBP/USD 1H The GBP/USD currency pair continued to trade in a very narrow price range on August 17, by only a few dozen points. So Monday was really very boring. Traders rested all day without even trying to trade the pair. As a result, the quotes moved flat even inside the side channel. In recent […]

EUR/USD 1H. The euro/dollar pair continued its upward movement on the hourly timeframe of August 17, which began after the rebound from the Kijun-sen and Senkou Span B lines since the macroeconomic and fundamental backgrounds were practically absent on this day, the trading was calm, without sharp and strong movements. The pair reached the resistance […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – sideways. CCI: 100.3660 If the European currency is even in a side channel, then at least it is traded between its upper and lower borders, regularly working them out, then the pound […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – sideways. CCI: 125.2834 The EUR/USD currency pair continues to trade in a side channel with a width of approximately 200 points and does not even try to leave the specified range. In […]

“Trump is playing the war card”: a similar phrase can illustrate the events of recent days. However, we are still talking about a trade and diplomatic war, which, in fact, has been going on for years. But recently, the political conflict between the United States and China has increasingly acquired a “commercial” color. The market […]

Hourly chart of the EUR/USD pair. The EUR/USD currency pair, after overnight trading, which continued the upward movement within the upward trend (upward trend line) since Friday, still began a downward correction, having previously reached the 1.1865 level, which is the first target for buying on Monday, August 17. Novice traders could close buy trades […]

EURUSD: Euro cannot break above the level of 1.1900. But it keeps growing. We keep buying from 1.1810. In case of a complete reversal down, sell from 1.1710. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:August 17, 2020 : EUR/USD Intraday technical… August 17, 2020 On March 20, the EURUSD pair […]

On March 20, the EURUSD pair has expressed remarkable bullish recovery around the established bottom around 1.0650. Shortly after, a sideway consolidation range was established in the price range extending between 1.0770 – 1.1000. On May 14, evident signs of Bullish rejection as well as a recent ascending bottom have been manifested around the price […]

With the increasing uncertainty in the markets, the US stock indices failed to continue the uptrend. Given that stock futures of major world indices are holding near record highs, and there are no new drivers for further growth, the bullish momentum may soon lose its steam. The US dollar is unlikely to rebound anytime soon […]

Since April, the GBPUSD has been moving sideways within the depicted consolidation range extending between (1.2265 – 1.2600) On May 15, transient bearish breakout below 1.2265 (consolidation range lower limit) was demonstrated in the period between May 13 – May 26, denoting some sort of weakness from the ongoing bullish trend. However, immediate bullish rebound […]

The EURUSD pair has been moving-up since the pair has initiated the depicted uptrend line on May 25. On June 11, a major resistance level was formed around 1.1400 which prevented further upside movement for some time and forced the pair to have a downside pause. Recently, the EURUSD demonstrated an ascending wedge around the […]