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<p>On Monday, the USD/JPY currency pair tried to surpass the resistance level formed by the weekly R1 at 109.24. During today’s morning, the pair was trading near the given level. Note that the exchange rate has been trading within the rising wedge pattern since the beginning of April. Thus, from theoretical perspective, it is likely [&

<p>Yesterday, the GBP/USD exchange rate tried to surpass the weekly PP at 1.2318. During Tuesday morning, the rate tested the upper boundary of the short-term descending channel. From a theoretical point of view, it is likely that some downside potential could prevail in the market. In this case the currency pair could target the Fibo [&helli

<p>On Monday, the EUR/USD currency pair was consolidating in the 1.0800 area. During today’s morning, the pair raised to the resistance formed by the Fibo 23.60% and the weekly PP in the 1.0900 area. If the given resistance holds, it is likely that a reversal south could occur in the short run. In this case […]

<p>Bitcoin is continuing to enjoy strong intraday gains on Tuesday as the cryptocurrency starts to firm above the $7,300 level. Price stabilization above the $7,300 level could provoke the next stage of the rally in BTCUSD towards the $7,700 resistance level. If price moves past the $7,700 the level the BTCUSD pair has extended weekly [&helli

<p>The euro currency has started to recover against the US dollar during the European trading session, following a bullish breakout above the 1.0840 resistance level. The EURUSD pair could start to test towards the 1.0980 level if the 1.0900 resistance level is broken. Sustained losses below the 1.0840 level could prompt a decline back toward

<p>EURJPY has been on the sidelines since July 2019 with upper boundary the 122.90 resistance and lower boundary the 116.10 support level. However, the RSI is continuing its bullish move towards the 50 level and the stochastic is heading up after the bullish cross within its %K and %D lines in the oversold zone. Over […]

<p>A strong start again on Tuesday, as investors grow increasingly optimistic that the continent has turned a corner in the fight against the coronavirus. There are really encouraging signs that the worst hit countries in Europe are seeing significant improvements, that the lockdown measures are working and that life may soon be able to at [&

<p>The Euro moved higher in early Tuesday&#8217;s trading, inflated from weaker dollar, bouncing from new two-week low at 1.0768, posted after six-day fall. The action is supported by rising momentum (approaching the borderline of positive territory) and stochastic about to emerge from oversold zone, but so far looks like correction as be

<p>Upside risks have been dominating the New Zealand Dollar against the US Dollar since yesterday&#8217;s trading session. The currency pair has surged by 167 basis points or 2.85% since the previous session. Given that a breakout had occurred, the NZD/USD exchange rate could continue to trade bullish in the short-term. The potential targ

The USD/MXN dropped during the American session to 23.81, reaching the lowest level since last Thursday. On Monday it hit a record high at 25.71. Vola