Minute operational scale (H4) What will the main currency pairs present to us at the beginning of August – options for the development of the EUR/GBP & EUR/JPY & GBP/JPY movement in the H4 timeframe from July 30, 2020? ____________________ Euro vs Great Britain pound From July 30, 2020, the development of the movement of […]

Today we take a look at GBPNZD and see 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:Daily Market Comment – Fed soothes stimulus anxiety;… […]

Today we take a look at GBPNZD and see 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:Daily Market Comment – Fed soothes stimulus anxiety;… […]

AUDUSD is edging slightly lower after reaching a 15-month high of 0.7185 but is still holding a strong upside tendency since March 19. The stochastic oscillator is pointing down, ready to post a bearish cross within its %K and %D lines in the overbought zone, suggesting some losses in the short-term. However, the MACD oscillator is strengthening its upside […]

At the two-day FOMC meeting, committee members left the range of interest rates unchanged between 0.00% -0.25% and maintained the current pace of bond purchases, saying that the situation in the economy has improved in recent months but is still worse than before the pandemic. Thus, current rates will continue to remain very low, as […]

Extending the validity of swap lines, linking the prospects of monetary policy to the situation with the coronavirus and pessimistic assessments of the recovery of the US economy are the main messages of the July meeting of the Federal Reserve, the results of which were announced last night. The US central bank did not support […]

On Wednesday, while waiting for the result of the Federal Reserve meeting, the US dollar came under pressure again amid growing demand for risky assets, hopes that the regulator will not cut stimulus measures in the near future, even when the US economy begins to recover from the steep peak in which it found itself […]

To open long positions on GBP/USD, you need: It is possible that the good times for the pound, expressed in the US dollar’s weakness, are coming to an end, so be very careful when making a decision to buy the British pound at current highs. As for yesterday’s deals, the possibility of which I mentioned […]

To open long positions on EUR/USD, you need: Yesterday, before and after the Federal Reserve meeting, there were several good signals for entering the market, which I discussed in more detail in the afternoon. Now let’s analyze them and see where you can and should have entered the market. The results of the Fed meeting […]

Forecast for July 30 : Analytical overview of currency pairs on the H1 scale: The key levels for the euro / dollar pair on the H1 scale are: 1.1869, 1.1824, 1.1798, 1.1727, 1.1695, 1.1668, 1.1636 and 1.1614. Here, the price has framed a small local structure for the high of July 28. A short-term upward […]

GBPJPY is set for a bullish breakout after finding significant support near the lower line of a symmetrical triangle and the 20-day simple moving average (SMA). The pair also managed to step on the surface of the Ichimoku cloud and return slightly above the 50% Fibonacci of the 147.94-124.00 downleg, increasing optimism that the bulls […]

Trading recommendations for the EUR / USD pair on July 30 EUR / USD Analysis of transactions The movement of the quote towards the level of 1.1745 led to a good buy signal to the euro, which traders worked on during the American session, and gave a profit of about 50 points. The two-day FOMC […]

Crypto Industry News: Cellebrite has released a new cryptocurrency tracking tool that gives law enforcement and analysts the ability to track illegal crypto transactions. This tool was named “Cellebrite Crypto Tracer”. The new offering is powered by CypherTrace and aims to track the illegal crypto world involved in money laundering, terrorism, drugs, human trafficking, arms […]

Crypto Industry News: Crypto fund manager Grayscale Investments managed to increase its assets by another $ 1 billion in less than two weeks. According to Grayscale on Twitter, the investment firm currently has assets in AUM worth $ 5.1 billion. These funds are mainly held in Grayscale funds for Bitcoin and Ethereum, along with the […]

For the EUR/USD currency pair, there is a coincidence of technical analysis regarding the ascending channels, where the quote with surgical accuracy follows the trend lines that were built last week. The trading recommendation regarding the price rebound from the lower border of the yellow channel has a 100% coincidence, where it was possible to […]

Technical Market Outlook: The EUR/USD pair has been continuing the local up trend and made another higher high at the level of 1.1805. This price behavior might indicate up trend development towards the 61% Fibonacci retracement of the last big wave down seen at the weekly time frame chart located at the level of 1.1822. […]

Technical Market Outlook: The GBP/USD pair has made another local high at the level of 1.3011, just a tad below the technical resistance located at 1.3017, which is rather another confirmation of the positive sentiment despite the overbought market conditions. The bulls are still in control over this market and the next target for bulls […]

Hourly chart of the GBP/USD pair It looks more and more stable for the GBP/USD pair. Firstly, the quotes of the pair continue to trade confidently above the rising trend line, without any attempts to gain a foothold below it. Secondly, yesterday’s Federal Reserve meeting and its results influenced the pound to a much lesser […]

Hourly chart of the EUR/USD pair The EUR/USD pair also continues to trade with an increase. However, the euro was not as confident in the last trading day (that is, yesterday) as the previous ones. We continue to draw the attention of novice traders to the upward channel, which shows an upward trend. If the […]

On the 4 hour chart, we can see that the GB/JPY pair is moving upslope. It is trying to reach the 136.44 – 136.60 levels. Please, pay attention to the 135.39 level. This scenario is unlikely to occur if the pair declines and closes bellow 135.39. The overall bias for GBP/JPY is bullish. (Disclaimer) The […]

The USD/CHF pair is now heading toward the area of 0.9116 – 0.9072. This bearish movement has been confirmed by the price moving inside a downward slope channel. Please pay attention if the price makes a retracement upwards and closes above 0.9207. If so, all the targets for the downward movement will be canceled automatically. […]

We are currently looking for a break above minor resistance at 0.9087. It will indicate that the pair is likely to test the resistance level at 0.9138. Only a break above here will open the way for continuation towards the next upside targets at 0.9322 and 0.9500. Support is now seen at 0.9053 and at […]

Support in the 122.81 – 123.05 area has protected the downside and we should expect a new break above minor resistance at 123.92. The pair may rise to 125.82 and 127.38 as EUR/JPY is trying to reach 129.26. Support is seen in the 122.87 – 123.05 area, which we think will be able to protect […]

EUR/USD Yesterday, the euro fulfilled its irresistible and inextinguishable desire to work out the border of the global price channel at around 1.1804. This channel originates from the July 2008 high. The price begins to form a divergence with the Marlin Oscillator. The first target of the decline is 1.1620. The Marlin divergence looks unambiguous […]

AUD/USD The Australian dollar reached the forming line of the triple divergence yesterday, forming it in an exemplary manner. Now we are waiting for the price reversal down to the target range of 0.6410/80. The goals for the downward movement will still be adjusted, but the closest is 0.7070 – the July 24 low and […]