piektdiena, 2019. gada 23. augusts
On Friday, the major currency is under pressure again; investors are focused on events in Jackson Hole.
GBPUSD is moving according to an alternative scenario and forming the third correctional wave.
After rebounding from the descending channel’s upside border, EURUSD is still moving sideways; USDJPY is still being corrected after testing the descending channel’s downside border.
EURUSD is about to start a new growth; bulls are attacking and trying to make GBPUSD resume moving to the upside.
AUDUSD is moving inside Triangle; NZDUSD is rebounding from Tenkan-Sen and Kijun-Sen, while USDCAD is still testing the channel’s upside border.
Both Bitcoin and Ethereum had a “standstill period” this week. The next week may bring news impulses to the downside.
ceturtdiena, 2019. gada 22. augusts
On Thursday afternoon, the major currency pair is trying to benefit from the calm market environment to continue the correction.
After testing the support line within the ascending channel, USDCAD has rebounded from it, while AUDUSD is trading sideways outside the descending channel.
AUDUSD is moving inside the cloud; NZDUSD continues its decline, while USDCAD is testing the channel’s upside border.
EURUSD has rebounded from 1.1106 to the downside.
Both AUDUSD and USDCAD are still trading sideways, but these corrections may be over soon.
USDCHF is forming a correction towards 3/8, while XAUUSD is still trading inside the “overbought area”.
trešdiena, 2019. gada 21. augusts
On Wednesday, AUDUSD continues moving upwards, although not too fast.
EURUSD was moving upwards last night influenced the Italian news, but couldn’t continue the momentum.
AUDUSD is moving inside Triangle pattern; NZDUSD continues its decline, while USDCAD is about to break the descending channel.
GOLD continues testing the ascending channel’s upside border, while NZDUSD is still trading sideways close to the support line.
The convergence made GBPUSD start a new correction, while EURJPY is still testing the significant low.
BTCUSD has completed Diamond reversal pattern.
USDJPY is reversing to the upside, while USDCAD may grow towards the resistance at 8/8.