Current trend After declining at the end of last week, the XRP/USD pair made an attempt to resume growth. The price went up to 1.1555, but then stopped the upward movement and has now lost ground amid reports from the American media about the possibility of starting regulation of stablecoins by the US Securities and Exchange Commission (SEC). If Congress approves...
Current trend USD has shown a moderate decline against CAD during the Asian session, developing mixed trading dynamics in the short term. Investors continue to focus on the situation with increased inflation, which forces the leading central banks of the world to act somewhat faster than the previously indicated timeframes. Thus, the US Fed and the Bank of...
Current trend The GBP/USD pair corrects upwards amid falling inflation in the UK, trading around 1.3800. GBP tries to consolidate within an uptrend. However, macroeconomic statistics prevent this. This week's key event was the publication of data on consumer price indices, which fell more than analysts expected. The annual rate was 3.1% instead of the expected...
Current trend The XAG/USD pair corrects upwards, being at the level of 24.30. Silver quotes continue to grow actively, remaining the favorite of the entire precious metals market. These dynamics are a direct consequence of the US Federal Reserve's policy, which continues to demonstrate a lack of reaction to the continuing rise in inflation. More and more...
Current trend GBP resumed its growth against USD during the morning session on October 19 and returned to the previous local maximums, updated at the end of last week. The pound is supported by a number of technical factors, as well as uncertain macroeconomic statistics from the US, published on Monday. In particular, investors reacted negatively to the sharp...
Current trend Brent Crude Oil prices are showing solid growth, continuing to renew record highs since October 2018. The driver of the positive dynamics in the asset is the increasing demand for energy as the global economy recovers after the COVID-19 pandemic. At the same time, the supply remains controlled, since OPEC+ does not agree to a faster increase in...
Current trend Today during the Asian session, gold prices grow, consolidating around $1760.00 per troy ounce. The general low demand provides moderate support for the risk instrument. However, further development of the “bullish” dynamics is limited by strong USD positions. Investors expect the US Federal Reserve to announce a reduction in the current...
Current trend EUR is showing flat dynamics against USD during today's Asian session, consolidating around 1.1570 and waiting for new drivers to appear on the market. The activity of investors at the beginning of the week remains rather low, despite the fact that investors continue to discuss the report on the US labor market for September published last Friday....
Current trend Silver prices show flat trading dynamics during the Asian session, consolidating near the local highs and the level of 22.50. Some pressure on the instrument yesterday was exerted by a further increase in the yield of US Treasury bonds, as well as the publication of rather optimistic data from ADP on employment in the private sector in the US....
Current trend Last week, the XRP/USD pair resumed its growth and reached 1.0665 (Murrey , Fibonacci retracement 38.2%), which it is actively testing now but cannot yet break through it. The breakout allows growth to 1.1800 (Murrey , Fibonacci retracement 23.6%), and 1.2695 (Murrey ). Stochastic's exit from the overbought zone allows the price to roll back to...
Current trend EUR is showing a moderate decline against USD during the Asian session, returning to local lows and testing the level of 1.1600 for a breakdown. Investors are again actively buying USD after an attempt at correction at the end of last week, when trading participants preferred to close a significant part of long positions in USD, fixing profits....
Current trend At the end of last week, ETH/USD rose in line with the general market trend. The price has risen to 3437.50, but cannot break above it yet. The factors behind the strengthening of the digital asset remain the same: a shortage of coins in the market and the arrival of new institutional investors. The deficit is created due to the fact that a...
Current trend Gold quotes correct within a sideways trend, approaching the key level of $1800 per ounce. The current local correction is, to a greater extent, a technical aspect of the inverse correlation of the asset with the USD Index, the recent decline of which provoked the strengthening of gold. Most of the leading experts agree that significant growth in...
Current trend EUR shows a slight increase against USD during the Asian session, correcting after a noticeable decline the day before, as a result of which the instrument renewed local lows since August 27. USD was supported by positive macroeconomic statistics from the US on the dynamics of retail sales yesterday. In August, retail sales rose 0.7% MoM after...
Current trend Against the backdrop of a positive report from the International Energy Agency, the price of North American light oil WTI Crude Oil is rising, trading at 72.46. According to the ministry's renewed forecast, global energy demand in 2021 will increase by 5.2M barrels per day, which is generally in line with August data, and there is no talk of a...
Current trend EUR shows insignificant growth against USD during today's Asian session, consolidating near the level of 1.1800. The day before, EUR/USD failed to record positive dynamics, despite the fact that during the day the "bulls" clearly dominated the market. EUR quotes failed to show growth even against the background of weak data from the US, which...
Current trend Today, during the Asian session, silver prices are slightly decreasing, leveling the results of the "bullish" dynamics developed due to yesterday's poor US inflation data. The pace of consumer price growth slowed faster than expected and reached its lows since February, which is likely to create additional obstacles to the US Federal Reserve's...
Current trend The XRP coin moves within the corrective sideways channel, reversing downwards, and is around 1.0835. XRP/USD, D1 A sideways downwards channel is forming on the global chart. After the recent sharp decline, the asset is consolidating around the range support line. Technical indicators issued a sell signal: fast EMAs on the Alligator indicator...