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GOLD overview 29.07.2021

Gold rises as rate hike ruled out. Gold under the strong bullish pressure today after U.S. Federal Reserve Chairman Jerome Powell reassured investors that a rate hike is not on the cards anytime soon, sending the dollar to multi-week lows. Powell said the U.S. job market still had “some ground to cover” before it will […]

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NZDUSD 29.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.69843-0.69748 and it is going to the target zone №2 0.70793-0.70698. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.69136-0.69041. In case of the […]

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EURUSD 29.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.18485-1.18397 and it is going to the target zone №2 1.19365-1.19277. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.17699-1.17611. In case of the […]

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USDJPY overview 28.07.2021

USDJPY rises on stronger dollar. USDJPY under the bullish pressure today driven up by the U.S. dollar positive sentiment ahead of the outcome of a U.S. Federal Reserve meeting. The dollar has enjoyed a month-long rally after a hawkish shift from the Fed in June. Markets are waiting to see whether it will provide any […]

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USDJPY 28.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 110.143-110.046 and it is going to the target zone №2 111.147-111.048. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 109.599-109.503. In case of the […]

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USDCAD 28.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.26289-1.26114 and it has a potential to reach the target zone №2 1.24559-1.24388. The best prices to try to have a short position are the control resistance zone 1.27182-1.27004. In case of the price is fixed upper the control […]

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EURUSD overview 27.07.2021

EURUSD rises on dollar outflows. EURUSD under the bullish pressure today driven up by the U.S. dollar outflows after US Durable Goods Orders missed estimates with +0.8% in June. The report showed that orders were up 0.8% in June, much worse than the 2.1% expected. The core reading, Nondefense Capital Goods Orders ex Aircraft, surged […]

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USDCHF 27.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.91594-0.91485 and it has a potential to reach the target zone №2 0.90500-0.90393. The best prices to try to have a short position are the control resistance zone 0.92397-0.92286. In case of the price is fixed upper the control […]

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AUDUSD 27.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.73773-0.73693 and it is going to the target zone №2 0.74573-0.74493. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.73181-0.73101. In case of the […]

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Analysis Market overview

GBPUSD overview 26.07.2021

Sterling rises as infections slow down. GBPUSD under the bullish pressure today on widespread sterling optimism as the markets are focusing now on the fact that data showed new COVID-19 cases in Britain had fallen for five consecutive days for the first time since February. This reinforced the relative advantage of the sterling against the […]