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EURUSD overview 14.05.2021

EURUSD rises on dollar weakens. EURUSD continues to rise today under the effect of the strong U.S. dollar bearishness which is evident via all the major currency pairs – after the US reported no change in April’s retail sales – below 1% which was expected. This is calming the inflation fears and reversing some of […]

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GBPUSD 14.05.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.40736-1.40544 and it is going to the target zone №2 1.42436-1.42264. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.39943-1.39771. In case of the […]

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BRENT 14.05.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 67.320-67.078 and it has a potential to reach the target zone №2 64.895-64.653. The best prices to try to have a short position are the control resistance zone 69.015-68.773. In case of the price is fixed upper the control […]

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USDCHF overview 13.05.2021

USDCHF falls on Swiss franc demand. USDCHF under the bearish pressure today – along with the other Swiss franc-linked currency pairs – as the traders are buying Swiss francs on strengthened safe-haven interests after Palestinian militants fired more rockets into Tel Aviv as Israel continued bombing campaign in Gaza and amassed tanks and troops on […]

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EURUSD 13.05.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.20888-1.20800 and it has a potential to reach the target zone №2 1.20008-1.19920. The best prices to try to have a short position are the control resistance zone 1.21622-1.21534. In case of the price is fixed upper the control […]

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GOLD 13.05.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1811.11-1806.11 and it is going to the target zone №2 1861.11-1856.11. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1795.42-1790.42. In case of the […]

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BRENT overview 12.05.2021

Oil rises on demand outlook. Oil rising today amid signs of the faster economic recovery and optimistic forecasts for energy demand as the result of the by mass vaccination campaigns against COVID-19 across the European Union and USA. The demand expectations were supported by The International Energy Agency (IEA) saying in its monthly report that […]

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NZDUSD 12.05.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.73145-0.73050 and it is going to the target zone №2 0.74095-0.74000. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.72098-0.72003. In case of the […]

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BITCOIN 12.05.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 56525.64-56073.38 and it is going to the target zone №2 61059.24-60605.98. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 55092.00-54638.74. In case of the […]

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Analysis Market overview

EURUSD overview 11.05.2021

Euro rises on upbeat sentiment data. Euro continues to rise today under the effect of the moderately bullish euro sentiment session, after data showed German investor sentiment surged to its highest level in May since the start of the COVID-19 pandemic. The ZEW institute reported its survey of investors’ economic sentiment rose to 84.4 points […]