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BRENT overview 05.08.2021

Oil rises on Middle East tensions. Oil rising today – against the previous sharp downward price impulse – under the effect of the rising Middle East tensions after Israeli jets struck rocket launch sites in Lebanon early on Thursday in response to two rockets fired towards Israel from Lebanese territory, in an escalation of cross-border […]

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USDCAD 05.08.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.24559-1.24388 and it has a potential to reach the target zone №2 1.22875-1.22710. The best prices to try to have a short position are the control resistance zone 1.26115-1.25940. In case of the price is fixed upper the control […]

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EURUSD 05.08.2021

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 1.18206-1.18118. In case of the […]

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NZDUSD overview 04.08.2021

NZDUSD surges on rate hike expectations. NZDUSD under strong bullish pressure today as the result of the widespread New Zealand dollar bearishness after a drop in unemployment in the country raised expectations rate hikes could begin within weeks. The country’s central bank had said on Tuesday it would soon begin consulting on ways to tighten […]

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USDJPY 04.08.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 109.599-109.503 and it has a potential to reach the target zone №2 108.623-108.528. The best prices to try to have a short position are the control resistance zone 109.952-109.856. In case of the price is fixed upper the control […]

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USDCHF 04.08.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.90500-0.90393 and it has a potential to reach the target zone №2 0.89432-0.89328. The best prices to try to have a short position are the control resistance zone 0.91425-0.91317. In case of the price is fixed upper the control […]

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Analysis Market overview

BRENT overview 03.08.2021

Oil falls on fears for Delta spread. Oil under strong bearish pressure, continuing the yesterday’s losses – as trader focus has now fully shifted to the rapidly spreading Delta coronavirus variant. Concerns over the spread of Delta variant in the United States and China, the top oil consumers, is currently the primary factor affecting oil […]

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Analysis Technical analysis

GBPUSD 03.08.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.39330-1.39158 and it is going to the target zone №2 1.41050-1.40878. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.38111-1.37939. In case of the […]

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AUDUSD 03.08.2021

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 0.73333-0.73253. In case of the […]

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GOLD overview 02.08.2021

Gold falls on improved risk sentiment. Gold continues to fall today as an increase in appetite for riskier assets weighed on the safe-haven gold. The sentiment across the global financial markets remains upbeat today with European stocks scaling fresh peaks, driven by deal making activity and strong results from Europe’s biggest bank HSBC. Global risks […]