AUDUSD falls on surging dollar. AUDUSD under the strong bearish pressure today as the U.S. dollar rose against most major currencies on Friday, lifted by an increase in U.S. bond yields overnight and the by the latest U.S. strike on Iran-backed militias in Syria. Bond yields have climbed this year amid continued ultra-easy monetary policy […]
Month: February 2021
GBPUSD 26.02.2021
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.40258-1.40042 and it has a potential to reach the target zone №2 1.38098-1.37882. The best prices to try to have a short position are the control resistance zone 1.41876-1.41660. In case of the price is fixed upper the control […]
AUDUSD 26.02.2021
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.78470-0.78390 and it has a potential to reach the target zone №2 0.77670-0.77590. The best prices to try to have a short position are the control resistance zone 0.79109-0.79029. In case of the price is fixed upper the control […]
EURUSD overview 25.02.2021
EURUSD rises on dovish Fed and Eurozone sentiment. EURUSD under the strong bullish pressure as the result of the mutually reinforcing euro optimism and the dollar negativity spreading across the currency markets today. The USD outflows follow the previous comments by Fed Chair Jerome that the central bank will not tighten its policy until the […]
EURUSD 25.02.2021
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.21911-1.21831 and it is going to the target zone №2 1.22711-1.22631. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.20943-1.20863. In case of the […]
BRENT 25.02.2021
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 66.213-65.033 and it is going to the target zone №2 67.013-66.833. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 64.661-64.481. In case of the […]
USDJPY overview 24.02.2021
USDJPY rises on board yen weakness. USDJPY currency pair under the strong bullish pressure today as the markets are moving out of the safe haven assets like the yen and the Swiss franc under the continuous stream of the positive news about the Covid epidemic dynamics in the developed countries. One of these – U.S. […]
GOLD 24.02.2021
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1775.12-1770.12 and it has a potential to reach the target zone №2 1720.12-1714.62. The best prices to try to have a short position are the control resistance zone 1821.13-1815.63. In case of the price is fixed upper the control […]
NZDUSD 24.02.2021
Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.73297-0.73225 and it is going to the target zone №2 0.74022-0.73950. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.73106-0.73034. In case of the […]
USDCHF overview 23.02.2021
USDCHF jumps on improved risk sentiment. USDCHF rising strongly today – mainly as the result of the widespread bearish Swiss franc sentiment as the traders are unwinding the previously safe-haven Swiss franc longs taken amid the covid-19 epidemic. The investors are getting out of the Swiss francs on news that more and more countries are […]