Preferred direction: BUY Comment: Another false breakout was formed for the currency pair at the level of 1.09071. For now, this level keeps the price from falling to more significant supports. All while, someone has been gathering a position (which is evidenced by the formed balance of ~1.09071-1.09623). We should say shorts exceed purchases, that is exactly...
Preferred direction: BUY Comment: The sellers were able to dominate the market and for today managed to drive the price below 1.26525. This fact promises further fall to 1.25381. The medium-term perspective of the instrument will depend on this level. A potential SELL entry point at the moment is a small rollback towards the level of 1.26525. However, a deep...
Preferred direction: BUY Comment: A near retest of the level 144 at the moment promises buyers a breakdown and a hike to the level 145. Sellers still fail to overcome this obstacle, so one should not expect active sales for the time being. The Bank of Japan is also inactive, only a comment from the members of the BOJ will make it possible to radically change...
Preferred direction: BUY Comment: Buyers were able to close above the specified level of 1.09526, that opens up prospects for growth to 1.10677. The parameters of the trade allow one to enter with a risk/profit ratio of at least 1/3. At the same time, Stop Loss must be placed under the level of 1.09526. Thank you for like and share your views!
Preferred direction: BUY Comment: The situation for gold remains unchanged. All attention is focused on the level of 1938.915. Potential breakdown and closing of the price above this level will allow buyers to realize growth to 1981.680. Waiting for the close above this level for LONG! Thank you for like and share your views!
Preferred direction: BUY Comment: The instrument has been gradually growing from the level of 1.26989 and there is a high probability that this trend will continue. A potential good entry point is at the level of 1.27695. After the price closes above this level, the prospect of growth to 1.28484 and even higher. Thank you for like and share your views!
Preferred direction: BUY Comment: The ECB Symposium in Sintra kicks off today, with an introduction speech by Lagarde and other ECB members. Analysts suggest that more hawkish statements from ECB members are expected. Based on economic indicators, especially the "locomotive" of the EU economy - Germany, the situation in the EUR-area is not the most positive...
Preferred direction: SELL Comment: The impulsive movement of the yen continued all the same, however, the current approach of the price to the level of 144 promises potential sales for the currency pair. In addition, the dollar is expected to weaken, that will undoubtedly contribute to the fall of this pair. The area considered as a target for sales 141.327 -...
Preferred direction: BUY Comment: Metals, in particular gold, as well as the Euro has a good chance to recover from the recent pressure. The growth of the metal with a high degree of probability will be exceptional due to the weak dollar. Technically, there is a great opportunity to go long after the price closes above the 1938.915 level. As a result, a false...
Preferred direction: BUY Comment: The outlook for the EURUSD currency pair is quite optimistic, despite the fact the last week passed as part of the strengthening of the US dollar. At the moment there is a potential false breakdown of the level 1.09071. As soon as the price closes above this level, then buy trades immediately take effect. The first target is at...
Preferred direction: BUY Comment: The buyer of the pound has also so far abandoned plans to go higher and at the moment it is the level of 1.26989 that is holding back from further falling. Most likely, the instrument may still dive lower, but it is unlikely that it will be below 1.26525. After that, you can confidently consider BUY. Thank you for like and...
Preferred direction: Neutral Comment: The sell-idea by 1900 is working out very well, and the approach to this level in the short term is highly likely. In the case of holding shorts, you should at least move to breakeven. For longs - you can gradually gain, or wait for the approach to 1900 and buy more aggressively. Thank you for like and share your views!
Preferred direction: SELL Comment: The pressure on the euro caused by fundamental factors, especially on Friday, forced buyers to retreat significantly and take aside plans to go to 1.10677. Now, the best way would be to wait for the approach to the support area 1.07882-1.08312. Thank you for like and share your views!
Preferred direction: BUY Comment: Market participants are waiting for the decision of the Bank of England on the interest rate, that, according to analysts' forecasts, is likely to be increased. Today, the rate has already been raised in Switzerland, and most likely the UK will also continue to raise, as there are reasons for that. Technically, the instrument...
Preferred direction: BUY Comment: The New Zealand dollar has been moving quite confidently towards the local resistance at the level of 0.62359, and it is expected that it will not stay at this level for a long time. Upside potential locates higher at the level of 0.62907. There, with a high degree of probability, the instrument will turn around for a...
Preferred direction: BUY Comment: The bullish mood for the pair continues, the target remains the same at the level of 1.10677. Most likely, after a short consolidation, the upward movement will resume. Thank you for like and share your views!
Preferred direction: SELL Comment: The more short-term situation for the metal has changed and now most likely we should expect the price to recover to the resistance of 1981.680. Sales with a high degree of probability will be thrown out of the market, and it is precisely due to them that the instrument will be able to reach the specified target (1981.680)....
Preferred direction: SELL Comment: The Japanese yen has been rising, and trying to catch a V-revers is not the best idea. However, the pair has a good potential for a correction against the background of a well-established pattern of horizontal levels, as well as volume distribution. In addition, the yen will also actively respond to the speeches of the head...