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BRENT overview 05.03.2021

Oil jumps on OPEC decision. Oil rose today more than 2%, reaching its highest level in nearly 14 months after OPEC agreed not to increase supply in April as they are prepared to wait for a more substantial recovery in oil demand. Previously the prices rose by 4% on Thursday after OPEC+ extended oil output […]

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Analysis Technical analysis

GBPUSD 05.03.2021

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 1.40701-1.40509. In case of the price is fixed upper the control […]

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Analysis Technical analysis

BRENT 05.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 66.019-65.839 and it is going to the target zone №2 67.819-67.639. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 65.722-65.542. In case of the […]

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USDJPY overview 04.03.2021

USDJPY surges on improvement in sentiment. USDJPY continues to rise strongly as the result of the continued US dollar bullishness and the widespread yen outflows. The dollar gains/yen losses are due to the more orderly rise in U.S. Treasury yields seen lately. The traders are also waiting for the speech by Federal Reserve Chairman Jerome […]

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EURUSD 04.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.20796-1.20716 and it is going to the target zone №2 1.21596-1.21516. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.20332-1.20252. In case of the […]

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GOLD 04.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1705.98-1700.48 and it has a potential to reach the target zone №2 1650.98-1645.48. The best prices to try to have a short position are the control resistance zone 1762.42-1756.92. In case of the price is fixed upper the control […]

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GOLD overview 03.03.2021

Gold falls on safe haven outflows. Gold continues to fall as the traders are selling gold to pursue more lucrative trading opportunities elsewhere. The U.S. Treasury yields resumed their advance today and global equities also firmed, reducing the appeal of safe-haven bullion. With the global equity markets stable and retaining the moderate risk-on mood – […]

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NZDUSD 03.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.72242-0.72162 and it has a potential to reach the target zone №2 0.71442-0.71362. The best prices to try to have a short position are the control resistance zone 0.72968-0.72888. In case of the price is fixed upper the control […]

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BITCOIN 03.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 44035.19-43581.93 and it has a potential to reach the target zone №2 39502.59-39049.33. The best prices to try to have a short position are the control resistance zone 49079.98-48626.72. In case of the price is fixed upper the control […]

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Analysis Market overview

AUDUSD overview 02.03.2021

AUDUSD rises on improved risk sentiment. AUDUSD continues to rise on moderate USD bearishness as the markets are coming to the conclusion that Fed’s going to keep interest rates low for extended period of time – in spite of the inflation fears which have been circulating recently – which is underpinning this currency pair. On […]