Blogs

USD/JPY remains likely to grow. Estimated pivot point is at a level of 105.96. Main scenario: consider long positions from corrections above the level of 105.96 with a target of 109.51 – 111.80. Alternative scenario: breakout and consolidation below the level of 105.96 will allow the pair to continue declining to the levels of 103.00 […]

GBP/USD corrects, still likely to fall. Estimated pivot point is at a level of 1.2300. Main scenario: consider short positions from corrections below the level of 1.2300 with a target of 1.2021 – 1.1871 Alternative scenario: breakout and consolidation above the level of 1.2300 will allow the pair to continue rising to the levels of […]

EUR/USD remains likely to fall. Estimated pivot point is at a level of 1.1017. Main scenario: consider short positions from corrections below the level of 1.1017 with a target of 1.0633 – 1.0528. Alternative scenario: breakout and consolidation above the level of 1.1017 will allow the pair to continue rising to the levels of 1.1170 […]

USD/CHF remains likely to fall. Estimated pivot point is at a level of 0.9782. Main scenario: consider short positions from corrections below the level of 0.9782 with a target of 0.9497 – 0.9167. Alternative scenario: breakout and consolidation above the level of 0.9782 will allow the pair to continue rising to the levels of 1.0024 […]

USD/CAD corrects, still likely to fall. Estimated pivot point is at a level of 1.4139. Main scenario: consider short positions from corrections below the level of 1.4139 with a target of 1.3730 – 1.3598. Alternative scenario: breakout and consolidation above the level of 1.4139 will allow the pair to continue rising to the levels of […]

The US dollar will be popular even without a quick rebound of the global economy Can the US economy again become great in 2021, as Steven Mnuchin claims? Investors shouldn’t be concerned about this, rather, they should focus on the financial markets’ confidence and the words of the US Treasury Secretary. As the S&P 500 […]

AUDUSD: Fundamental analysis, COVID-19, channel and trend analysis, TM candlestick projections Fundamental analysis  My colleague Dmitri Demidenko has provided an express fundamental analysis of the factors which influence the rate of AUDUSD. Feel free to check his article. Dmitri’s overall estimation is positive, based on the analysis of macroecon

Further description of progress labels and their application to impulse waves. Progress labels in terminal impulses Dear friends! In the previous article, I described the application of progress labels to trending impulses. This article will deal with the progress labels applied to terminal impulses. I will also explain how to define the wave ratio

Open positions on the GBP/USD and the EUR/GBP according to the changes in global risk appetite The S&P 500 rally and the euro growth have proved the weakness of the GBP. The GBP/USD growth towards 1.23 was immediately used to enter shorts, looking again as a dead cat bounce. It is a popular Forex price […]

USCrude – oil  Oil price continues rising, it is approaching Target Zone 4 [34.17 – 33.42]. The uptrend key support moves to the zone of [23.75 – 22.85]. Expect the zone test and enter purchases at good prices. Gold Zone 3 [30.04 — 29.67] was broken out yesterday. Now, the target in the short-term uptrend […]