Good day, dear reader! The currency pair was able to take advantage of oversold, which would recover slightly from the pressure of sellers. Despite the fact that the currency pair overcame important resistance at 1.2250, it did not last long to keep above, and bull attempts were limited to 1.2300, after which active sales began. The movement structure...
Good afternoon, dear reader! Commentary on the current situation: The currency pair was in great demand over the past trading week, taking interest in the proposals of France and Germany on a stabilization fund of 500 billion euros and possibly on the introduction of coronabond. Investors evaluate this sign as a step towards the fiscal union - the European...
Good day, dear reader! Commentary on the current situation: The currency pair felt a surge of interest in the euro and the structural weakness of the pound. However, we believe that this difference in investor preferences will be more pronounced next week. After the past week, the currency pair has not changed much since both the pound and the euro were...
Good afternoon, dear readers! Last week comment: The asset formed a triangle, the breakdown of which occurred this week. Given how quickly it happened, we can say that the currency pair is likely to demonstrate a return to it. Only after that, she will be able to continue her growth to 117.77 - the previous high - level. The results of the week: an increase of...
Good afternoon, dear reader! Last week comment: The pound was down all trading week. This negative was associated with difficult negotiations on the transition period, unfavorable macro statistics, as well as the comments of one of the members of the Bank of England that, if necessary, the regulator is ready to accept negative interest rates and increase the...
Good afternoon, dear reader! Last week comment: The currency pair felt great, despite the negative statistics. The balance of payments helped the euro level pressure from sellers, which allowed the asset to stabilize in the trading week. The results of the week: A decrease of -0.1% or -11 points. Last week comment: The currency pair felt great, despite the...
Good afternoon, dear reader! Comment for last week: The currency pair demonstrates the "classics of the genre" and we observe the figure of trading - "Double bottom". The asset did not grow badly last week, taking advantage of the weakness of the UK economy and the persistent stance of the government of Boris Johnson to not extend the transition...
Good day, dear investors and colleagues traders! The currency pair continues to decline for the second week in a row. The trend, which was started after reaching a lower local maximum at 1.2641, found some resistance in the 1.2420 zone. This week, the currency pair forms an upward channel after the fall, however, in contrast to the last time, in this case, there...
Greetings dear investors and traders! The currency pair worked perfectly for the movement, which could be predicted by many mathematical indicators. While market analysts are looking for an excuse for this movement, let's see what has changed in the technical picture last week: Euro - formed a new maximum at 1.1019 and ended the week with an increase of ≈158...
Good day, dear investors and colleagues traders! This week, the currency pair took advantage of bullish divergence and broke through the global down trend line, which it fought for the whole week. However, the proximity to the reversal of indicators such as MACD, Stochastik and the presence of the hourly chart in a zone of high oversold, may indicate a potential...
# Technical_analysis_and_comments: Good day, dear investors and colleagues traders! Your attention a technical analysis of the currency pair #Gbpusd: The currency pair has not practically changed relative to the last close, although the pair made an attempt. The contracting range creates the classic “Growing Wedge” trading figure, which suggests a decline to...
# Technical_analysis_and_comments: Good day, dear investors and colleagues traders! In this article, we examined the technical side of the #EURUSD currency pair: The currency pair completed the decline last week, leaving the ascending channel and forming a tapering triangle, the vertices of which you can see on the chart. A currency pair demonstrates normal...
# Technical_analysis_and_comments: Good day, dear investors and colleagues traders! Your attention a technical analysis of the currency pair #Eurgbp: All last week, the currency pair spent in a narrow trading range sandwiched between a downtrend and a new support level - 0.8685, thereby forming a new triangle. The currency pair demonstrates the normal...
Good day, dear investors and colleagues traders! To your attention, an analytical look at the currency pair #Gbpusd: Comment_for_went_week: The currency pair spent the entire trading week in the range of 1.2475-1.2231 last which is the Fibonacci support of 23.6% of the last movement. The asset closed the trading week with a decrease of 200 points. The...
Good day, dear investors and colleagues traders! To your attention, an analytical look at the #Eurgbp currency pair: Comment_for_went_week: The currency pair continues to decline for the 2nd week in a row and naturally, given the past weakness of the pound, it is quite difficult to navigate the future direction. However, some clues about the imminent...
Good day, dear investors and colleagues traders! To your attention, an analytical look at the currency pair #Eurusd: Comment_for_went_week: The currency pair demonstrates excellent volatility which cannot but please speculators. If the week before last was marked by an increase in the euro by 452 points, then this week the currency pair fell by 330...
Good day, dear investors and colleagues traders! The past month has been extremely volatile. The global markets were affected by such factors as: Falling oil prices, self-isolation of Europe and the USA, falling stock markets, large-scale stimulus measures by central banks and large-scale fiscal measures by major economies. All this, extremely affected the G7...
Good day, dear #investors and colleagues #traders! Your attention an analytical look at the currency pair #Usdchf: The asset closed the week with corrective growth, adding 135 points or + 1.45% as a result of the close. Range coefficient also rose slightly to 390 points. #Technical analysis: Globally (D1): The currency pair begins to consolidate at the lower...