neljapäev, 18. juuli 2019
The pound has managed to push off the minimums and preserves an impulse for recuperation.
USDCHF may decline to the support at 0/8. Gold is taking new heights.
GOLD if forming a bounce off the resistance line inside the ascending channel. NZDUSD is testing the horizontal resistance level once again.
AUDUSD is testing the resistance level. NZDUSD keeps developing an ascending trend. USDCAD has pushed off the lower border of the Cloud.
The major currency pair is eager to recover after the stress at the beginning of the week.
AUDUSD is approaching the last local maximum, developing an ascending correction. USDCAD tries ever so hard to continue declining, but a convergence promises an upcoming correction.
USDCHF is correcting, trading to 0.9835. Then growth to 0.9940 may follow.
kolmapäev, 17. juuli 2019
Yesterday the major currency pair returned to weekly minimums and remains under pressure by Wednesday morning.
GBPUSD has reached its minimum since April 2017 due to the hardening of the attitude of the Conservative Party towards Brexit.
EURUSD is testing the support once again. USDJPY is forming a correction after a bounce off the resistance line inside the descending channel.
AUDUSD has bounced off the resistance line. NZDUSD is preparing for growth. USDCAD keeps testing the lower border of the Cloud.
USDJPY attempts at escaping the consolidation area. Traders still have their doubts about further direction of USDCAD price.
The pair is trading under pressure for decline. Today it might hit 1.1180, then make a correction to 1.1295.
GBPUSD has stopped declining at the long-term minimum before a bounce; however, the descending trend is predominant. EURJPY is declining gradually, still inside a correction channel.
teisipäev, 16. juuli 2019
GBPUSD has resumed declining after a bounce last week; the attitude of the Bank of England grows milder.
The price is consolidating, trading around 1.1262. The amplification of the consolidation area up to 1.1290 is not impossible.
AUDUSD is getting ready for a breakthrough of the local maximum, NZDUSD continues a robust growth, USDCAD is bouncing off the lower border of the Cloud.
USDCAD keeps moving sideways near the support line inside the descending channel.
Yesterday the main currency pair went down; however, by Tuesday morning it has regained balance and stays stable.
AUDUSD keeps moving towards the goal at 8/8. NZDUSD is trading in the overbought area.
EURUSD is on a crossroads: going up is hard, going down is scary; however, pon a pullback a decline should be expected. USDJPY may hit the local maximums.