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Murrey Math Lines 23.04.2024 (AUDUSD, NZDUSD) AUDUSD, "Australian Dollar vs US Dollar" AUDUSD quotes are below the 200-day Moving Average on D1, indicating the prevalence of a downtrend. However, a convergence has formed on the RSI. As a result, in this situation, the quotes are expected to...

JPY is falling again. Overview for 23.04.2024 The Japanese yen, paired with the US dollar, paused in the morning but has since resumed its decline. The current USDJPY exchange rate stands at 154.78. Today, the USDJPY pair reached a new 34-year high of 154.80, prompting further commentary from...

Murrey Math Lines 22.04.2024 (EURUSD, GBPUSD) EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is approaching the resistance line. In this situation, the price is expected to test the 4/8 (1.0772) level, rebound...

EUR is rising moderately. Overview for 22.04.2024 The primary currency pair maintains its upward trajectory on Monday. The current EURUSD exchange rate stands at 1.0663. Recent comments from the US Federal Reserve have led investors to reconsider global interest rate cut timelines. Meanwhile...

Murrey Math Lines 19.04.2024 (Brent, S&P 500) Brent Brent quotes are above the 200-day Moving Average on D1, indicating the prevalence of an uptrend. The RSI has rebounded from the support line. As a result, in this situation, a test of 5/8 (90.62) is expected, followed by a breakout of this...

NZD hit new lows. Overview for 19.04.2024 The New Zealand dollar, paired with the US dollar, is declining on Friday. The current NZDUSD exchange rate stands at 0.5882. Investors are avoiding risks, which affects the New Zealand dollar, among other factors. The geopolitical factor in the Middle...

Murrey Math Lines 18.04.2024 (USDCHF, XAUUSD) USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on D1, indicating the prevalence of an uptrend. However, a divergence has formed on the RSI. As a result, in this situation, a test of the 6/8 (0.9033) level is...

EUR is recovering. Overview for 18.04.2024 The primary currency pair is rebounding on Thursday. The current EURUSD exchange rate stands at 1.0674. The US dollar lost some strength as the market grew tired of worrying about shifting expectations of interest rate cuts from the Federal Reserve...

Japanese Candlesticks Analysis 17.04.2024 (USDCAD, AUDUSD, USDCHF) USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Shooting Star reversal pattern on H4. Currently, the instrument might go by the reversal signal in a correction wave. The pullback target could be 1.3795. Next, the...

EUR halted. Overview for 17.04.2024 The primary currency pair paused its sell-off on Wednesday. The current EURUSD exchange rate stands at 1.0624. The market has grown weary of selling, particularly as the five-month lows have been updated repeatedly. Monetary policymakers from the US Federal...

Murrey Math Lines 16.04.2024 (AUDUSD, NZDUSD) AUDUSD, "Australian Dollar vs US Dollar" AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has broken the support line. In this situation, a breakout of the 1/8 (0.6408) level is expected...

GBP is too weak. Overview for 16.04.2024 The British pound, paired with the US dollar, attempted to recover but without success. The current GBPUSD exchange rate stands at 1.2437. Yesterday’s release of US retail sales data reduced the pound’s ability to recover from its sharpest decline since...

Murrey Math Lines 15.04.2024 (EURUSD, GBPUSD) EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. However, the RSI has reached the oversold area. In this situation, a rebound from the 3/8 (1.0620) level is expected...

EUR continues to decline. Overview for 15.04.2024 The primary currency pair is below the previous level on Monday. The current EURUSD exchange rate stands at 1.0650. The US dollar strengthened its position for two reasons. The Federal Reserve’s reactions to the US inflation data delayed the...

Murrey Math Lines 12.04.2024 (Brent, S&P 500) Brent Brent quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI has broken the support line, exiting the overbought area. As a result, in this situation, the price is expected to test the 4/8 (87.50) level...

EUR surrendered without a fight. Overview for 12.04.2024 The primary currency pair is sliding down on Friday. The current EURUSD exchange rate stands at 1.0682. The strengthening of the US dollar is associated with low expectations from the US Federal Reserve's interest rate for this year. In...

Ichimoku Cloud Analysis 11.04.2024 (GBPUSD, USDCAD, USDJPY) GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the support level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the lower boundary of the Cloud at 1.2585 is expected...

JPY hits new lows. Overview for 11.04.2024 The Japanese yen has dropped even deeper against the US dollar. The current USDJPY exchange rate stands at 152.98. The yen collapsed under pressure from the US dollar after US treasury bond yields rose. This happened amid the publication of March...

Ichimoku Cloud Analysis 10.04.2024 (EURUSD, XAUUSD, AUDUSD) EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0835 is expected, followed by a rise to...

JPY is under strong pressure. Overview for 10.04.2024 The Japanese yen remains in a weakened position against the US dollar. The current USDJPY exchange rate stands at 151.80. Bank of Japan governor Kazuo Ueda finally clarified the Japanese regulator's future actions. The monetary policymaker...