Rubrika: Forex

Dear clients, September has come to an end, so it’s time to share the results and recall the results of the first weeks of autumn. So, here is what this…

USDJPY – Down USDJPY continues to exhibit a bullish trend, with the price nearing completion of the most outer major impulsive wave ‚V,‘ targeting the resistance zone at (150.08). The…

EURUSD – Up EURUSD is presently experiencing a bullish corrective phase, with the market forming the ABC corrective pattern. Based on the current chart, it’s evident that the price is…

GBPUSD – Flat GBPUSD is currently exhibiting strong bullish momentum. This pair is in a corrective phase following the ABC corrective pattern. Presently, the price is forming the corrective wave…

EURUSD – Up EURUSD trading plan: The ‚dollar smile‘ can be a blessing, or a curse. Right now, with the dollar’s boom being driven by a destabilizing surge in U.S.…

GBPUSD – Flat GBPUSD trading plan: The Office for National Statistics said Britain’s economy in the second quarter of 2023 was 1.8% larger than in the final quarter of 2019,…

Dear clients, Due to celebration of the National Day in Hong Kong on October 2 the trading on Hang Seng Index (#HSI) will be closed. During this time you may…

USDJPY – Down USDJPY trading plan: Japanese Finance Minister Shunichi Suzuki said Japanese authorities have set no „defence line“ in dealing with currencies, while also warning the yen’s weakness had…

Dear clients, Budgetary concerns and fears of a prolonged period of higher interest rates caused government bonds to fall in the third quarter, and some investors believe more weakness lies…

EURUSD – Up • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.06500–1.06800. At the moment, the pair…

GBPUSD – Flat • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.23750–1.24000. At the moment, the pair…

USDJPY – Down • Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 147.200–147.700. At the moment, the pair…

USDJPY – Down Technical observation USD pulled back to a supportive zone 144.68-144.39 then bounced within it and since then it has been trading with an increasing bullish bias. Today…

GBPUSD – Flat Technical observation On the chart above the price is trading with an increasing bullish bias slightly below the resistance level 1.2209, this upwards movement is a pullback…

EURUSD – Up Technical observation EUR declined to the supportive level 1.0489 then bounced at it and since then it has been trading with an increasing bullish bias. This upwards…

Dear clients, Oil prices hit one-year highs on Thursday, while global equities faced their longest losing streak in two years as fears of continued high interest rates intensified. This is…

USDJPY – Down USDJPY remains bullish. The price continues to rise, although it’s moving with low momentum, signaling a potential reversal in the near future, possibly after completing the major…

EURUSD – Up EURUSD has completed forming the impulsive ‚V‘ wave pattern, and currently, as seen in the chart above, the price is at a major impulsive outer wave ‚V‘…

GBPUSD – Flat GBPUSD has completed the bearish V major wave pattern. We expect the price to move to the upside in the form of a corrective ‚ABC‘ pattern. We…

EURUSD – Up EURUSD trading plan: The cyclical weakness of the German economy shouldn’t be perceived as a structural problem, German Chancellor Olaf Scholz said. „It would be a serious…

GBPUSD – Flat GBPUSD trading plan: Federal Reserve Bank of Minneapolis President Neel Kashkari was one among several Fed voices to caution markets on the possibility of more hikes, saying…

USDJPY – Down USDJPY trading plan: The strong dollar has the Japanese yen within a whisker of 150-per-dollar, seen as a level likely to provoke an official response or intervention.…

EURUSD – Up • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.06500–1.06800. At the moment, the pair…

GBPUSD – Flat • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.23750–1.24000. At the moment, the pair…

USDJPY – Down • Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 147.200–147.700. At the moment, the pair…

USDJPY – Down Technical observation USD has been trading with an increasing bullish bias since it bounced within the supportive zone it established at 138.75-138.22, today I expect the price…

GBPUSD – Flat Technical observation Since it bounced within the zone 1.2635-1.2571, GBP has been declining steadily and today I expect it to descend further, however, I also expect a…

EURUSD – Up Technical observation On the chart above the price declined below a lower trend line as indicated and since then it has been trading with an increasing bearish…

Dear clients, Trading is much like the poker, to win you need not only to know the game, but also to feel the surroundings. This time, we’ll be looking at…

EURUSD – Up • Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.06500-1.06800. At the moment, the pair…