Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Euro agree on the truce

The positive macroeconomic statistics for the US, the «hawkish» rhetoric of the Fed, the probability of three increases in the federal funds rate in 2018 from 69% to 84%, four monetary restrictions from less than 30% to 42%, an increase in the yield of 10-year Treasury bonds up to 2.93%, the maximum mark since February, […]

Technical analysis of GBP/JPY for April 20, 2018

GBP/JPY is under pressure and expected to continue the downside movement. The upward potential is likely to be limited by the resistance at 151.70. The declining 50-period moving average is playing a resistance role. The relative strength index is below its neutrality level at 50. Therefore, below 151.70, look for another decline with targets at […]

Global macro overview for 20/04/2018

Yesterday evening, the British pound marked a strong sell-off, as the market was scared of a cautious tone in an interview with the president of the Bank of England Mark Carney, which was perceived as a reduction in chances for interest rate hike at the May meeting. However, a detailed analysis of his interview suggests […]

Bitcoin analysis for April 20, 2018

The Bitcoin (BTC) has been trading upwards. As I expected, the price tested the level of $8,315. The European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for […]

GBP/USD analysis for April 20, 2018

Recently, the GBP/USD has been trading downwards. The price tested the level of 1.4035. According to the M30 time frame, I found strong supply on the market, which is a sign that buying looks risky. I also found today a successful rejection of the resistance at the price of 1.4068, which is another sign of […]

Analysis of Gold for April 20, 2018

Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,339.00. According to the M30 time – frame, I found a breakout of upward channel, which is a sign that sellers are in control. My advice is to watch for potential selling opportunties. The downward targets are set at the […]

BITCOIN Analysis for April 20, 2018

Bitcoin has been quite steady and slow with the bullish gains recently which is expected to push the price to breach above $8,500 in the coming days. The price is currently residing above $8,200 area from where it is expected to proceed higher with a target towards $10,000 price area. The slow and steady progress […]