Key levels tested as GBPUSD continues its downward move
Testing the 1.27974 (call it 1.2800) area GBPUSD falls to trendline support In a previous post on the GBPUSD, we discussed the breaking of…
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Testing the 1.27974 (call it 1.2800) area GBPUSD falls to trendline support In a previous post on the GBPUSD, we discussed the breaking of…
Blue lines- trading range Bitcoin is trading around $28,200. Short-term trend remains neutral as price has made no real progress over the last few …
The last upward wave has caused more confusion with the wave analysis on the 4-hour chart for the euro/dollar pair. Given that the previous descendi…
EURUSD bounces off 1.07592 EURUSD retraces to the high from last week and bounces The EURUSD experienced a strong rally today, as an early …
Futures on the US stock market increased after Federal Reserve Chairman Jerome Powell stated yesterday that the government's efforts to combat in…
The Japanese yen is sharply lower on Thursday. In the North American session, USD/JPY is trading at 133.90 down 0.93%. What a difference a few days …
The cryptocurrency market has historically been cyclical. Cycles were formed around Bitcoin halving. Halving occurs every time 210,000 blocks are mi…
Red lines- medium-term bullish channel Green lines- short-term bullish channel Despite recent selling pressures on USDJPY, price is respecting the…
US stocks are declining after a weekend filled with global central bank hawkishness reinforced the message that global central bank tightening will …
US stocks are declining after a weekend filled with global central bank hawkishness reinforced the message that global central bank tightening will …
For the pound/dollar instrument, the wave marking looks quite complicated at the moment, but it does not require any clarifications yet. The upward …
Red line- resistance trend line Blue lines- trading range Green line- short-term support trend line Since the recent low on August 21st around $1…
Black lines- Fibonacci retracement levels Red line- Fibonacci extension levels Yellow lines- two equal size advances USDJPY is trading above 137 …
USD/CHF dips below 0.9500 The Swiss franc is showing little movement today, but USD/CHF has fallen below the 0.9500 line for the first time since Ma…
Long-term perspective. The GBP/USD currency pair has climbed by 140 points in the past week. We do not even know if it is worthwhile to study the m…
US stock futures are trading mixed on Friday. Apparently, investors stay optimistic due to strong corporate reports. This fact favors the market and …
The wave marking of the 4-hour chart for the euro/dollar instrument continues to look convincing and does not require adjustments. In addition, the …
On Monday, oil continued to rise due to investors' expectations of new sanctions against Russia. Brent crude oil futures for August at London…
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