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…
Showing posts with the label continuesShow all
Bitcoin continues to trade sideways inside trading range.
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 …
EUR/USD. Analysis for March 30. The euro continues to build an upward set of waves
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's Bullish Momentum Continues, Bounces off High from Yesterday
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 …
US Premarket for February 2: the US stock market continues to grow after the Fed meeting
Futures on the US stock market increased after Federal Reserve Chairman Jerome Powell stated yesterday that the government's efforts to combat in…
Japanese yen’s slide continues
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 …
Bitcoin: Crypto community continues to look for signs of bottom
The cryptocurrency market has historically been cyclical. Cycles were formed around Bitcoin halving. Halving occurs every time 210,000 blocks are mi…
Short-term bullish channel continues to contain USDJPY.
Red lines- medium-term bullish channel Green lines- short-term bullish channel Despite recent selling pressures on USDJPY, price is respecting the…
Stock selling continues, Europe in focus, bitcoin back above $20k for now
US stocks are declining after a weekend filled with global central bank hawkishness reinforced the message that global central bank tightening will …
Stock selling continues, Europe in focus, bitcoin back above $20k for now
US stocks are declining after a weekend filled with global central bank hawkishness reinforced the message that global central bank tightening will …
GBP/USD analysis on August 27. The pound continues to adhere exactly to the wave marking
For the pound/dollar instrument, the wave marking looks quite complicated at the moment, but it does not require any clarifications yet. The upward …
Ethereum continues moving sideways
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…
USDJPY at overbought levels and continues moving higher.
Black lines- Fibonacci retracement levels Red line- Fibonacci extension levels Yellow lines- two equal size advances USDJPY is trading above 137 …
Swiss franc rebound continues
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…
Analysis of the trading week of July 18-22 for the GBP/USD pair. COT report. The pound sterling continues to imitate Europe
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 premarket on July 22: Stock market continues to rise due to strong corporate reports
US stock futures are trading mixed on Friday. Apparently, investors stay optimistic due to strong corporate reports. This fact favors the market and …
EUR/USD analysis on June 28. The euro currency hardly continues to remain within the framework of the rising wave
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 …
Oil continues to rise
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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