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Technical Analysis

S&P 500: Potential Drop Ahead?

Good day,The US index S&P500 has dived under the level of 3396.80, trying to remain there for now. In principle, the asset might potentially drop till the level of 3138.00 although it can fall...

Brent Oil Prices Fall: What’s Next?

Good day,The price of the EUR/USD pair has approached the lower boundary of uptrend. Also, the asset’s price is trying to close trading day with a bullish engulfing. We feel that the asset should jump...

S&P500 Falls: What’s Next?

Good day,In the end of last week, the S&P500 index has slipped into a correction just to pull back from the broken trend and close behind it, almost forming a bearish engulfing. However, the...

Could the Russian Ruble Jump Soon?

Good day,The USD/RUB has pulled back from the uptrend and repeatedly approached the 75.40 horizontal level against geopolitical news. The asset might break the horizontal and test the 77.00 level...

USD/RUB: Potential Drop Ahead!

Good day,The Russian ruble has dropped as it is pulling back from the 75.40 level. The asset might gain significant support at the 72.70 level.The currency pair GBP/USD broke the 1.3200 horizontal...

USD/RUB and Gold: Potential Jump Ahead?

Good day,The USD/RUB pair has approached the level of 75.40, which is also the middle point of the last drop (50% Fibonacci). It is likely that the asset might pull back from the horizontal...

EUR/USD: Short-Term Correction Is Underway

Good day,The price of the EUR\USD pair has pulled from the level of 1.1909, targeting the uptrend away from which it might jump.The price of the British pound has pulled from a very strong horizontal...

Is the Ruble on the Rise? Could the EUR/USD Retreat?

Good day,The EUR/USD approached the 1.1909 level, trying to close trading day with a bearish engulfing pattern. Should this scenario develop, the asset is likely to drop to the daily uptrend. The...

EUR/USD: Possible Drop Ahead?

Good day,EUR/USD price is trying to approach and test the 1.1909 level. The asset might either pull from the horizontal line and drop or break the level and jump to the broken trendline. The asset has...