After a sharp collapse of the markets on Wednesday by the end of the American session, we are seeing a slowdown and a correction. At the moment, the fall is due to tension in the markets, when all stocks showed a negative movement. The trading volume decreased significantly and the majority decided to exit the market until better times. Technical indicators...
At the moment we are seeing an upward movement. The price slowed down and moved away from the 1.3220 mark. To date, a consolidated technical analysis of indicators points to a purchase. We believe that at the moment the pair is in the correction. Despite the fact that the ultimate goal of the upward movement in the short term remains at the mark of 1.33. We...
At the moment, we are seeing that the pair found the support level at the mark of 1.1450 and adjusted to the level of 1.1510, after which it went down again. Yesterday, the US dollar slipped sharply during the American session. We saw a correction in almost all pairs linked to the dollar. Now we can say that the downward movement will continue. It is possible...
At the moment, we are seeing that the support level of 1.3050 has been worked out again and the pair has corrected from it. We also see falling peaks. This indicates the presence of a downtrend. The pair approached the center of the channel and may soon break through the middle of the Bollinger bands. If the price breaks through this line and goes into the lower...
On our chart, we observe that since the start of the trading session, the dollar rate is increasing and our pair has again gone down. After Friday's correction and the completion of profit taking by investors at the end of the week, we go down again. Our technical indicators point to a sale. We believe that the level of 1.1470 will be tested again and if it...
At the moment, the downward movement continues for the second week in a row. This means that a mid-term downtrend has been formed and we observe that the price has corrected from the level of 1.1460 to the mark of 1.1510. We believe that the downward movement will continue. Therefore, we advise you to take short positions and consider the targets of 1.1460 and...
On our chart, we see a strong formed uptrend. The quote is always in the upper Bollinger band; the volumes increase again, and the Stochastic is in the overbought zone. We believe that the upward movement will continue and you should look for points to enter long positions. We believe that the price will adjust to the center of the channel and from there we...
At the moment we are seeing a correction for the pair. From the mark of 1.1510 the price turned up. Now the price is in the lower Bollinger band and has not yet crossed the middle line. Most technical indicators point to a sale. We believe that the price will continue the downward movement after the completion of the correction. Therefore, we advise you to look...
At the moment we are seeing the strengthening of bears and a powerful downward impulse. The technical indicators point to a sale on this pair. After a slight adjustment, the downward movement resumed and we believe that it is worth taking short positions. Therefore we advise you to look for points to enter the sale and set take profits near the mark of 1.2930
After a strong downward impulse, the pair stayed near the mark of 1.1590 and currently consolidated at this point. Our technical indicators point to a sale. We believe that the 1.1590 mark will be overcome and in this case the quotes will move to support levels. Therefore, we advise you to look for points to enter short positions and consider your targets at the...
On our chart, we see that the price has resumed the downward movement and at the moment the formation of the third downward wave is in progress. Judging by the downward impulse, we believe that the current level of resistance, to which the price has approached, will be overcome. The price will go to the marks of 1.3010 and 1.2960. Therefore, we advise you to look...
Under the influence of a number of events, including the speeches of the heads of the ECB and the FED, release of the US GDP data for the 2nd quarter of 2018, data on the labor market and the balance of foreign trade in the US. In the confrontation between the Euro and the Dollar, the most convincing seems the USD, which, usually supporting with strong...
Today, volatility has fallen sharply because investors expect the outcome of the FED meeting and their decision to change the rate. Most likely, the rate will be raised, which will lead to a strengthening of the USD. Therefore, the most optimal solution is to open the deals to Sell, in favor of USD.
At the moment, we see that the pair dropped sharply after reaching the level of 1.3290 and lost more than 200 points. The price moved to the lower Bollinger Band and interrupted the upward movement. We believe that if the price can not overcome and gain a foothold above the mark of 1.3160, the downward movement can be continued and a “head and shoulders” pattern...
On the chart, we observe that the price stopped in the range between 6.800 and 6.600. At the moment, the price goes to the lower Bollinger band. The Stochastic is in the overbought zone and the MACD is above the histogram. We believe that the price may go below the support level to the level of 6.150. We advise you to look for points to enter short positions and...
We see that the pair easily overcame the resistance level of 1.1720 and the new one is near the 1.1790 mark. Against the background of the weakening of the reserve currency, this pair demonstrates the upward movement and we believe that it will continue. The Stochastic is currently in the overbought zone and for now feels comfortable there. Despite the average...
At the moment, our pair was able to overcome the level of resistance near the level of 1.3150 and it continues the upward movement. We observe that now the pair is updating the maximum values since July of this year. The price is in the upper Bollinger band and technical indicators point to a purchase. The pair has already won back over 500 points and continues...
Currently we see that the price returns to the previous level of resistance. Taking into account the technical indicators data, the ascending movement is gaining momentum. Considering the dollar trends this week, we believe that the pair will be strengthened. Therefore, we advise you to look for points for entering long positions and consider your goals on the...