Against the background of the growth of the American currency, the GBPUSD pair is correcting around 1.1826. On the daily chart of the asset, the price is falling within the long-term channel with dynamic boundaries of 1.14 – 1.214, preparing to test ...

Free Market Updates by Solidecn.com

NZDUSD - Technical analysis H4 On the four-hour chart, there is the formation of a Three Black Crows candlestick analysis pattern, which means a continuation of the downtrend. In addition, under the resistance level of 0.6239, another Three Black ...

Free Market Updates by Solidecn.com

The EURUSD pair is trading in a downtrend, currently at 1.003. On the daily chart of the asset, the price is falling within the global corridor with dynamic boundaries 1.024 – 0.97, getting ready to test the key historical support around 1. The ...

Free Market Updates by Solidecn.com

XAUUSD - Growth is possible. On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum, and the fifth wave (5) started. Now, the first entry wave of the lower ...

Free Market Updates by Solidecn.com

Crude Oil - Iranian oil exports catalyze global price decline The situation with the export of Iranian oil has a key influence on the development of the negative dynamics of quotations. At the beginning of summer, experts expressed serious concerns ...

Free Market Updates by Solidecn.com

USDCAD - Canada loses revenue due to lower export fuel prices The Canadian currency lost its leading position against the US dollar amid a decline in revenues received by the country from energy exports. According to Statistics Canada, the Commodity ...

Free Market Updates by Solidecn.com

XAUUSD - Growth is possible. On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum, and the fifth wave (5) started. Now, the first entry wave of the lower ...

Free Market Updates by Solidecn.com

USDJPY - A fall is possible. On the daily chart, the third wave of the higher level 3 develops, within which the third wave of the lower level iii of 3 formed. Now, a downward correction is forming as the fourth wave iv of 3, within which the wave ...

Free Market Updates by Solidecn.com

AUDUSD - Technical analysis H4 On the four-hour chart, under the resistance level of 0.7030, a Three Black Crows candlestick analysis pattern was formed, after which the trading instrument showed a decrease to the area of 0.6912. In addition, the ...

Free Market Updates by Solidecn.com

EURUSD - Employment data in the EU reassured investors The EURUSD pair moves within a corrective trend around 1.0169. Despite a significant increase in fuel and energy tariffs, the EU economies remain stable, as evidenced by macroeconomic data for ...

Free Market Updates by Solidecn.com

GBPUSD - UK inflation tops 10% The pound continues to lose positions against the backdrop of weak macroeconomic data and at the moment GBPUSD is correcting around 1.2039. Consumer inflation in the UK, the first among developed countries, exceeded ...

Free Market Updates by Solidecn.com

NZDUSD - Growth is possible. On the daily chart, the upward wave of the higher level (А) of B formed and a downward correction ended as the wave (B) of B. Now, the wave (C) of B has started, within which the first wave of the lower level i of 1 of ...

Free Market Updates by Solidecn.com

AUDUSD - A fall is possible. On the daily chart, the first wave of the higher level (1) of C ended and a downward correction develops as the wave (2) of C, within which the wave C of (2) develops. Now, the third wave of the lower level iii of C has ...

Free Market Updates by Solidecn.com

XAUUSD - Investor demand for gold is actively increasing The XAUUSD pair is correcting in a downtrend at 1764 amid strengthening US dollar positions: the quotes rose from 105.3 to 106.6 in the USD Index due to several factors, including confirmation ...

Free Market Updates by Solidecn.com

image USDCAD - Technical analysis H4 On the four-hour chart, a Bullish Flag price pattern is forming, the completion of which is expected above the resistance level of 1.2960, since the breakout of its upper border was carried out by impulsive ...

Free Market Updates by Solidecn.com

GBPUSD - Trading instrument is preparing to continue to decline After an unsuccessful attempt to break through the resistance level of 1.2262, the GBP/USD pair fell to the level of 1.2020 and is now preparing to continue its downtrend against the ...

Free Market Updates by Solidecn.com

DAX 30 - German stock market continues its local growth The day before, financial data were presented by the chemical-industrial group Henkel AG & Co. KGaA, having posted quarterly revenue of 5.64 billion euros, which exceeded the 5.36 billion euros ...

Free Market Updates by Solidecn.com

image XAGUSD - Global demand for silver is under threat again The key negative factor that influenced the dynamics of the asset was the statistical data from China, as the price of the precious metal correlates with demand from the industry. Thus, ...

Free Market Updates by Solidecn.com

image EURUSD - Rising gas prices put pressure on the euro Since the beginning of the week, the European currency continues its downtrend, under pressure from rising natural gas prices and weak macroeconomic statistics. Now the quotes of the EURUSD ...

Free Market Updates by Solidecn.com

image USDCHF - A fall is possible. On the daily chart, the downward fifth wave of the higher level 5 develops, within which the first wave (1) of 5 forms. Now, the third wave of the lower level 3 of (1) is developing, within which the wave iii of 3 ...

Free Market Updates by Solidecn.com