fiɖa, siamlɔm 10 lia 2020
The major currency pair is once again retreating on Friday; investors require “safe haven” assets.
The situations in both Bitcoin and Ethereum haven’t changed much: in the short-term, they are expected to move downwards.
USDCAD is testing the resistance area; EURGBP is correcting within a Triangle pattern, while GBPNZD is about to resume falling.
GOLD is forming another correction within the rising tendency; NZDUSD is correcting again, while GBPUSD has broken the descending channel’s upside border.
BTCUSD is falling towards 9099.00.
Brent remains under pressure and may continue falling, while S&P 500 is still trading inside the “overbought area”.
yawoɖa, siamlɔm 9 lia 2020
USDJPY is moving upwards on Thursday afternoon but market players trust in the “safe haven” Yen.
The situations in both AUDUSD and USDCAD haven’t changed much over the week.
EURUSD continues the ascending tendency; USDJPY is still rebounding from the resistance level, while EURGBP is about to complete the correction within the uptrend.
XAUUSD is growing inside the rising channel; EURUSD is testing the resistance area, while AUDNZD is rebounding from Tenkan-Sen and Kijun-Sen.
After reaching 1800.00 and forming an upside continuation pattern around this level, Gold has broken it upwards to extend the wave up to 1817.80.
USDCHF may trade to reach the downside target at 0/8, while XAUUSD is expected to continue growing.
kuɖa, siamlɔm 8 lia 2020
After completing the correction to the downside, GBPUSD is forming a new rising wave; in the case of EURJPY, the instrument is about to finish the ascending correctional wave and start a new impulse to the downside.
The major currency pair is barely moving on Wednesday morning; the market is dead calm.
USDCAD is finishing another correction; AUDUSD continues growing within the rising channel, while USDCHF is rebounding from the support level again.
GBPCHF is about to grow within a reversal pattern; BTCUSD is testing the cloud’s upside border, while USDZAR is rebounding from the resistance area.
Brent is still correcting towards 42.42 and may later form one more ascending structure to reach 43.80.
USDJPY may fall to reach 1/8; in the case of USDCAD, there was a “false” breakout of 3/8.