Forex Analytics

The EUR/USD pair has completed an alternative rising leg. At the moment the market is trading in a descending wave. We await for the level 1.1634 to be hit.

The main currency pair is declining moderately on Thursday after hitting maximum values for the last year and a half.

The AUD/USD pair keeps trading above the Ichimoku cloud, and this suggests a rising tendency and further upward move.

US dollar keeps declining against other currencies.

The GBP/USD pair is trading higher on Thursday - buying interest is still in place.

On the H4-chart of GOLD we can see that the uptrend is being developed and a pre-reversal divergence is being built.

The H4-chart of XAU/USD shows the pair is at its resistance level 5/8 (1265.63). If price rebounds from this level, gold can move lower towards 4/8 (1250.00) and 3/8 (1234.38) levels.

The EUR/USD pair has completed yet another ascending leg on the back of news. Today the market is trading within yet another descending impulse.

On the H4-chart of EUR/USD we see a divergence being formed, but the current uptrend can be extended also.

The EUR/USD on its H4-chart has completed a false brekout of the resistance level 8/8. Yet another attempt to reach the 8/8 level (1.1718) is expected.

On the H4-chart of EUR/USD there are Engulfing, Harami and Doji candlesticks being formed on the support level of the ascending channel.

The AUD/USD pair keeps trading above the Ichimoku cloud, and this suggests a rising tendency on the market and further upward move.

The EUR/USD pair has reached its descending wave's target. For today we'd consider a possible correction move towards 1.1707.

The EUR/USD pair has formed another consolidation range above 1.1736 and right now is trading to break it to the downside.

The AUD/USD pair is trading at 0.7970; it is still moving above Ichimoku Cloud, which means that it may continue growing.