miércoles, 8 de julio de 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.
martes, 7 de julio de 2020
EURUSD is consolidating before making a new “jump”, while USDJPY is completing the correction and preparing for another growth.
EURUSD is testing Tenkan-Sen and Kijun-Sen; XAUUSD is about to start a new ascending movement, while USDRUB is growing inside the rising channel.
GOLD is forming another correction within the rising tendency; NZDUSD is still trading upwards, while GBPUSD is rebounding from the resistance area.
AUDUSD has completed the ascending wave at 0.6990; right now, it is moving downwards to break 0.6949.
AUDUSD is still moving inside the “overbought area”, while NZDUSD is expected to reach 7/8.
On Monday, the major currency pair remains exhilarated.
AUDUSD managed to grow a little bit on Tuesday but seems to be losing its positive momentum.
lunes, 6 de julio de 2020
On Monday, GBPUSD is intent on further growth but saving strengths so far.
After breaking the high, XAUUSD is trying to fix above it but doesn’t seem to be strong enough; in the case of USDCHF, the price is falling.
GBPUSD is rebounding from the cloud’s upside border; Brent is testing another resistance area, while XAUUSD is correcting within a Triangle pattern.
EURUSD is testing the descending channel’s upside border; USDJPY is rebounding from the support level, while EURGBP continues moving within the uptrend.
USDCHF is moving close to the downside border of the range.
EURUSD has rebounded from 4/8, while GBPUSD may grow to reach 8/8.