Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

The results of this very meeting became known quite late, even by European standards, and the details that were voiced at the press conference by Jerome Powell, were shown later still. That is, many simply did not have time to respond to what happened. So on Thursday, a cheerful and joyful sale of portraits of […]

EUR / USD On Thursday, June 20, trading ended with an increase of 65 basis points for the pair EUR / USD. Thus, the main wave marking remains the same which involves the construction of an upward wave 3 as part of a new upward trend with targets located above the 14th figure. However, the […]

The EURUSD rate holds the growth impetus set by the Federal Reserve’s decisions and statements at a meeting on June 18. Now analysts expect the Fed to cut rates by the end of the year. From the point of view of technical analysis, the euro gave a signal for growth after a breakthrough above 1.1250 […]

The dollar-yen pair updates the minimum price of the year: During the last time, the price was at the base of the 107th figure in April 2018. The growth of anti-risk sentiment amid the weakness of the US currency allowed the bears USD/JPY to open new price horizons. Relatively good data on the growth of […]

EUR / USD pair (4H) The EUR/USD pair completed growth to a correctional level of 61.8% at 1.1318 and bounced off from it. As a result, on June 21, the pair reversed in favor of the American dollar and began the process of falling in the direction of the level of correction 50.0% at 1.1277. […]

US stocks soar to new all-time highs after Fed European PMIs give the euro a helping hand UK leadership contest reaches final two – sterling outlook neutral Oil advances as supply concerns heighten, demand picture brightens Fed’s dovish signals propel US stocks to new records Stock markets have been among the main beneficiaries after the […]

4-hour timeframe Technical details: Older linear regression channel: direction – down. Younger linear regression channel: direction – down. Moving average (20; smoothed) – up. CCI: 108.9764 The British pound stopped yesterday like the euro currency on June 20 in its defense during the American trading session. A corrective movement has not yet begun and the […]

USDCHF experienced its worst daily trading in more than three years on Thursday, posting a sharp dip towards a 6 ½ -month low of 0.9790. The price is currently hovering around the lower Bollinger band, while the RSI is set to shift higher after hitting its 30 oversold mark, a warning that the bearish action may not continue in the […]

Since January 19th, the EURUSD pair has been moving within the depicted channel with slight bearish tendency. Short-term outlook turned to become bearish towards 1.1175 (a previous weekly bottom which has been holding prices above for some time. On the period between May 17th and June 5th, a bearish breakdown below 1.1175 was temporarily achieved. […]

On April 26, another bullish pullback was initiated towards the price zone of 1.3130-1.3170 (the upper limit of the movement channel) where the depicted bearish Head and Shoulders reversal pattern was demonstrated on the H4 chart with neckline located around 1.2980-1.3020. Bearish breakdown below 1.2980 allowed the recent significant bearish movement to occur towards the […]

4-hour timeframe Technical details: Older linear regression channel: direction – sideways. Younger linear regression channel: direction – up. Moving average (20; smoothed) – up. CCI: 133.0050 y and large, the upward movement in the EUR/USD pair ended yesterday with the start of the US trading session. The markets have fully worked out all the information […]

Today, the pair is trading near the weekly CZ of 0.6615-0.6603, which makes it possible to record purchases opened at the beginning of the week. It is important to note that the weekly control zone is located outside of the average weekly move, which indicates the need for complete closure of purchases and the search […]

Crypto Industry News: The Federal Revenue Office of Brazil (RFB) has published new rules that require cryptoclutting exchanges to inform him about user transactions in order to identify tax evasion. The guidelines explain how Brazil’s cryptocurrency trading platforms should adopt new rules to report on the movements of users’ cryptographic funds to the office and […]

Crypto Industry News: At the moment when Bitcoin‘s valuation is about 9,000 dollars, it exceeds the size of the Russian monetary base and if it were to be classified as a traditional currency, it would be the eighth highest currency in the world. In terms of the amount of money in circulation, Japan is the […]

Technical Overview: The EUR/USD pair has continued the rally towards the level of 1.1343, but so far the local high was made at the level of 1.1318. The market is now consolidating the gains, but due to the strong and positive momentum, the bulls are still capable to move higher. The next target for bulls […]

Technical Overview: The EUR/USD pair has continued the rally towards the level of 1.1343, but so far the local high was made at the level of 1.1318. The market is now consolidating the gains, but due to the strong and positive momentum, the bulls are still capable to move higher. The next target for bulls […]

Technical Overview: After the strong rally, the GBP/USD pair has settled down a little and begun to consolidate the recent gains in a narrow horizontal. The technical resistance zone located between the levels of 1.2652 – 1.2668 has been violated and the price is now back in the zone again. The local high was made […]

Technical Overview: After the strong rally, the GBP/USD pair has settled down a little and begun to consolidate the recent gains in a narrow horizontal. The technical resistance zone located between the levels of 1.2652 – 1.2668 has been violated and the price is now back in the zone again. The local high was made […]

Technical outlook: The EURUSD pair had bounced off 1.1180/90 levels as expected. We had also suggested to remain flat and wait for a rally to sell again. Keeping in mind the previous forecast, we present another perspective for probable trend moves in the coming sessions for EURUSD. First, please note that prices have broken above […]

Technical outlook: The EURUSD pair had bounced off 1.1180/90 levels as expected. We had also suggested to remain flat and wait for a rally to sell again. Keeping in mind the previous forecast, we present another perspective for probable trend moves in the coming sessions for EURUSD. First, please note that prices have broken above […]

Resistance near 136.94 was tested again an once more repelled prices lower. We continue to look for a final dip closer to 134.52 to complete wave 2 and set the stage for a new impulsive rally in wave 3. This rally will ultimately break above the 148.87 peak. We can note downside momentum weakening and […]

EUR/JPY rallied to a high of 121.92 before turning lower again. As long as this new resistance is able to cap the upside, we should expect a final dip to 119.65 to complete wave ii and set the stage for a new impulsive rally in wave iii. Moreover, we are seeing weakening downside momentum indicating […]