Our pair again reflected from the level of 1.3150, after which it headed down. Our technical indicators show the sale. To date, we expect the FOMC statement and the publication of the Fed's interest rate decision. We can assume that until this point the dollar will continue to strengthen against the pound. We expect that the pair will test the level of 1.3080 and...
During the trades on the weekend, the price was able to stay above the mark of 8.000 and at the moment is above the level of 8.100. The price tried to fall below this mark, but it was reflected from the level of 7.800 and returned to the corridor of 8.100-8.400. We expect that the price will continue to be in the current range. Technical indicators are directed...
Our pair again moved away from the level of 1.1625 and turned around. At the moment, Bollinger Bands and Stochastic point to a purchase, and the pair apparently headed up to 1.1745. We observe that the price continues to be in the current corridor (1.1625 - 1.1745) and advise you to occupy long positions with the nearest target level 1.1740. From it we expect the...
Our pair found a resistance level at 1.32 and moved away from it, being unable to overcome it. Judging by the descending wave, we can assume that the pair is currently forming a "head and shoulders" figure, the level of the previous shoulder is at the mark of 1.3150. Therefore, if the price is reflected down from this level, we can say that the figure is formed...
Cryptocurrencies are again into growth. A powerful upward impulse was able to return the price above the mark of 8.000, demonstrating the strongest growth since December last year. At the moment, the quotes came from the flat, but found a resistance level near the level of 8.400, from which the price was adjusted. At the moment we are seeing a slow growth and a...
At the moment, we see on the chart that the pair can not overcome the level of 1,1730 and fluctuates in a certain range. We can consider passing the level of the lower boundary as an upside-down "head and shoulders" figure , and peaks regarded as the formation of a "double top". Therefore, given the figurative configuration, we expect a downward movement in the...
The pair could not gain a foothold above 1.3130 and again headed down. The last candle is currently "bullish" and therefore we expect that this level will be tested again. Now the technical indicators are dominated by "bearish" sentiment. So if the price can not gain a foothold above the level, we assume the resumption of the movement to annual lows.
Price was able to overcome the next resistance level of 7.500 and gained a foothold above this mark. Our technical indicators are directed upwards and point to purchase. Investors are optimistic and trading volumes have increased. We expect that the price will test the mark 8.000 and therefore we recommend taking long positions.
As we assumed earlier, our pair fell below the assumed level of resistance at the mark of 1.3130 and easily overcame the previously established level of 1.3075. However, the price returned to it, again moving downwards and updating the annual lows. A new level of support at around 1.2960 was set. Now the pair has moved away from this mark by going into...
Our pair was able to gain a foothold below the level of 1.1630 and has good chances for further movement. Yesterday, during the release of indices in the US, we observed a correction of quotations, and the downward movement continued. Stochastic is ready for a turn and already has an intersection, so we advise you to look for points to enter short positions. We...
The situation on the market has changed dramatically and we are seeing an increase in volatility and a sharp price increase. Our pair reached the level of 7.400 and slowed down. Technical indicators went beyond the upper limits, Stochastic went into oversold zone, and MACD continues to grow. We expect that the upward movement will continue after a slight...
Our pair found a resistance level at 1.3250 and then turned around. At the moment there are no significant factors that contradict the downward movement. We believe that the pair will reach the level of 1.3130 and therefore we recommend taking short positions on the instrument. Our technical indicators also went down and indicate a sale.
At the moment, the pair is trying to win back losses and is near the 1.17 mark, as it could not gain a foothold above this level. Today we expect the release of data on the volume of retail sales in the US. It is predicted that the figure will be 0.5%, which is lower than the indicator for the previous month. Therefore, we assume that the pair will again test...
As we assumed earlier, the price reached the level of 6.100 and moved away from this level. But for how long? As we see that the increase range of the price is limited and does not have a strong momentum. Thus we have drawn another intermediate level of resistance. We expect that the price will continue its downward movement, to update the annual minimum. The...
After long movements our pair was able to gain a foothold below the level of 1.3250 and headed down next. Now we see that the technical indicators are pointing to the sale. We believe that the price may again approach the 1.3250 mark in order to test it and again rush down. Therefore, we recommend taking short positions from the resistance level and setting take...
Having reached the level of 1.1740, the pair went down and the technical indicators turned around. During yesterday's US session, the dollar sank and the pair resumed growth. Now we expect that the pair will have a downward trend, so we will look for points to enter short positions. If you look at the lower charts, now we see the formation of the third downward...
We observe that the price tries to go on growing all the time and gets a false start. At the weekend, the minimum was renewed and investors continue to occupy short positions each time. At the moment we see that the price has moved away from the resistance level and headed down. And despite the interest in crypto-currencies, against the background of trade wars,...
Our pair has good growth potential, but there are some aspects to consider. We expect the continuation of the ascending movement. Our technical indicators also indicate a purchase. In the medium term, we can expect the price to pass to the level of 1.2, but the next level that must be overcome is the 1.1850 level and only if the pair is fixed above this level, we...