trešdiena, 2019. gada 22. maijs
The major currency pair remains weak on Wednesday; probably, it may update May’s lows.
In case of AUDUSD and NZDUSD, the descending tendency continues and is expected to dominate in the nearest future, while the USDCAD remains rather unclear.
EURUSD has expanded its consolidation range both upwards and downwards; right now, it is falling to reach 1.1142.
As we can see in the H4 chart, USDJPY has reached the target at the 3/8 level, just as expected.
As we can see in the H4 chart, the descending tendency continues, while AUDUSD is trading sideways.
GBPUSD is about to start a short-term correction, but the bearish tendency is still dominating; in case of EURJPY, we can see a short-term correction as well.
otrdiena, 2019. gada 21. maijs
GBPUSD has reached the lowest levels since January 15th; the British currency is getting weaker and weaker.
On Tuesday afternoon, the major currency pair is trading downwards; the USD is attacking again.
As we can see in the H4 chart, NZDUSD has been trading downwards for quite a long time.
AUDUSD is trading at 0.6871; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.
Brent has completed the correction at 72.00; right now, it is moving upwards to reach 72.70.
As we can see in the H4 chart, AUDUSD is trading below the 3/8 level and may continue falling to reach the support at the 0/8 one.
EURUSD is forming a sideways channel that won’t last long, while USDJPY is being corrected upwards after completing another descending wave.
pirmdiena, 2019. gada 20. maijs
The major currency pair is neutral at the beginning of another May week; it is barely moving in anticipation of new catalysts.
As we can see in the H4 chart, USDJPY is trading upwards.
USDCAD is trading inside the Triangle pattern at 1.3431; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.
Gold has broken 1280.86.
As we can see in the H4 chart, GBPUSD has almost reached the target at the 0/8 level, which we discussed last Friday.
XAUUSD has formed another descending wave, while USDCHF is being corrected upwards.