Brokers’ Analytics
The BTC remains as volatile as before. on Friday, the major currency is trading at $30,046 but there are a lot of doubts about whether the BTC may break it and fix above. There is nothing new here. As long as market players continue selling stocks in the US stock market, which plunged in the […]
EURUSD got rid of the pressure and intends to rise. The major currency pair is fixing within a “flat” on Friday. The current quote for the instrument is 1.0568. It seems like the comments about European inflation don’t scare anyone anymore. The ECB vice president Luis de Guindos said yesterday that the CPI would remain […]
EURUSD, “Euro vs US Dollar” After extending the correction up to 1.0606 and then finishing the first descending impulse at 1.0555, EURUSD has completed another correctional structure at 1.0580. Later, the market may fall to break 1.0500 and then continue trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2900. However, an alternative scenario implies that the asset may fall […]
EURUSD, “Euro vs US Dollar” EURUSD is no longer moving within the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0515 and then resume moving upwards to reach 1.0750. Another signal in favour of a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD is reversing in the form of a new correctional impulse. In this case, the downside correctional target may be at 1.2795. However, an alternative scenario implies that the […]
USDJPY skyrocketed to its 20-year highs again after the BoJ’s meeting. The Japanese Yen hit new bottom against the USD. The current quote for the instrument is 130.59. The Bank of Japan has another meeting on Thursday and kept the basic parameters of its monetary policy intact. The benchmark interest rate remained at -0.1%, just […]
EURUSD hit another bottom – and it didn’t surprise anybody. The major currency pair reached new lows – the last time the asset was moving there was in March 2017. The current quote for the instrument is 1.0541. The USD rally doesn’t stop. The nearer the date of the Fed’s May meeting and the GDP […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2615 and then resume moving downwards to reach 1.2265 Another signal in favour of a further […]
BRENT In the H4 chart, after breaking the 200-day Moving Average, Brent is trading above at above it to indicate a possible ascending tendency. In this case, the price is expected to test 2/8, break it, and then continue moving upwards to reach the resistance at 3/8. However, this scenario may no longer be valid […]