Weekly review of GBP/USD for April 24-28, 2023
Weekly Review : The GBP/USD pair steep decline spells for a capitulation event underway from the levels 1.2470 and 1.2448. More price decline is li…
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Weekly Review : The GBP/USD pair steep decline spells for a capitulation event underway from the levels 1.2470 and 1.2448. More price decline is li…
Long-term perspective. The currency pair GBP/USD showed another round of illogical growth during the current week. No macroeconomic reports were pu…
Long-term perspective. The EUR/USD currency pair was traded illogically again this week. We should start with the fact that we did not see any corr…
Long-term perspective. The EUR/USD currency pair again traded somewhat illogically this week. The correction never began, although the pair remaine…
EURUSD is under pressure. Price is challenging the 4hour Kumo (cloud) support at 1.0855. Price is vulnerable to more downside as it trades below bot…
Overview: The GBP/USD pair broke resistance which turned to strong support at the level of 1.2302 yesterday. The level of 1.2302 coincides with a g…
The absence of statistics and the pre-Easter European session did not lead to market changes in the euro and the British pound. Although sellers of t…
Black line- resistance Blue line -support trend line Yellow rectangles- higher lows NZDUSD is trading around 0.6271 after making a new higher hig…
Analysis of previous deals:30M chart of the EUR/USD pair The EUR/USD currency pair was not traded on Friday. The pair stood in one place all day, j…
Good afternoon, dear traders! The euro/dollar pair performed a downward reversal on Thursday. So, it slid down below Wednesday's low. Thus, in j…
Trend analysis (Fig. 1). On Thursday, the pair is likely to go up from 1.3112 (closing level of yesterday's daily candlestick) to the 1.3139 tar…
Technical analysis: Gold has been trading upside but there is the test of key resistance cluster at the price of $1.980. I see potential for the do…
Technical analysis: BTC has been trading downside this morning and there is the breakout of the contraction pattern in the background, which is sig…
Technical outlook: GBPUSD dropped through 1.2975 in early hours on Wednesday before pulling back sharply. This was in line with our earlier project…
Gold (XAU/USD) is rising again on Wednesday and does not stop the upward march. XAU/USD hit as high as 1,980.60, reaching the highest level in a mon…
Gold price is bouncing higher. Price is above the Ichimoku cloud and as we approach it price is moving out of the trading range it was in for the las…
Technical outlook: Gold prices rallied through $1,960-65 zone on Monday as expected. The yellow metal might have found interim resistance and price…
Bitcoin is trading just above $40,700. On Friday price closed below the kijun-sen (yellow line indicator). This provided another sign of weakness. As…
Analysis of previous deals:30M chart of the EUR/USD pair The EUR/USD currency pair on Friday did not show the movement that traders expected. As yo…
The wave marking of the 4-hour chart for the euro/dollar instrument continues to look convincing. The proposed wave 4 took a five-wave form and turn…
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